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Want Want China Holdings (Want Want China Holdings) Accounts Receivable : $123 Mil (As of Sep. 2023)


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What is Want Want China Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Want Want China Holdings's accounts receivables for the quarter that ended in Sep. 2023 was $123 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Want Want China Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 14.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Want Want China Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.05.


Want Want China Holdings Accounts Receivable Historical Data

The historical data trend for Want Want China Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Want Want China Holdings Accounts Receivable Chart

Want Want China Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.20 120.61 141.31 158.33 123.92

Want Want China Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.00 158.33 135.41 123.92 122.59

Want Want China Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Want Want China Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Want Want China Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122.593/1544.94*91
=14.48

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Want Want China Holdings's accounts receivable are only considered to be worth 75% of book value:

Want Want China Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(896.496+0.75 * 122.593+0.5 * 375.765-1767.956
-0-5.572)/11879.4
=-0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


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Want Want China Holdings (Want Want China Holdings) Business Description

Traded in Other Exchanges
Address
No. 18 Sheung Yuet Road, Units 07-08, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Want Want is major player in the China packaged food and beverage sector. The company was founded in 1962 in Taiwan and entered the mainland Chinese market in 1989. Its flagship products, such as Hot-Kid milk and Want Want rice crackers, are market leaders in the respective sub-segments. With a primary focus in mainland China, the company also exports to overseas markets. As at March 2021, Want Want China had 422 sales offices, 35 production bases and 81 factories on the Chinese mainland and worked with around 9,000 distributors.

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