Orient Victory Smart Urban Services Holding (HKSE:00265) Accounts Receivable : HK$90.4 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Orient Victory Smart Urban Services Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Orient Victory Smart Urban Services Holding's accounts receivables for the quarter that ended in Dec. 2023 was HK$90.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Orient Victory Smart Urban Services Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 95.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Orient Victory Smart Urban Services Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.01.

Orient Victory Smart Urban Services Holding Accounts Receivable Historical Data

The historical data trend for Orient Victory Smart Urban Services Holding'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.

Orient Victory Smart Urban Services Holding Accounts Receivable Chart

Orient Victory Smart Urban Services Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

53.88

19.74

30.61

65.66

90.36

Orient Victory Smart Urban Services Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															30.61	59.40	65.66	128.11	90.36

Orient Victory Smart Urban Services Holding Accounts Receivable Calculation

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

Orient Victory Smart Urban Services Holding 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.

Orient Victory Smart Urban Services Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	90.362	/	172.673	*	91
=	95.50

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Orient Victory Smart Urban Services Holding's accounts receivable are only considered to be worth 75% of book value:

Orient Victory Smart Urban Services Holding's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(272.157	+	0.75 * 90.362	+	0.5 * 15.33	-	192.6
-	0	-	27.321)	/	12922.1
=	0.01

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.

Orient Victory Smart Urban Services Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Orient Victory Smart Urban Services Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Orient Victory Smart Urban Services Holding (HKSE:00265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Orient Victory Smart Urban Services Holding Ltd (HKSE:00265) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, 1201B, 12th Floor, Admiralty, Hong Kong, HKG

Website

https://www.orientvictory.com.hk

Orient Victory Smart Urban Services Holding Ltd Formerly Orient Victory Travel Group Co Ltd is an investment holding company. The company operates in three reportable segments that are The diversified tourism products and services segment, which includes the sale of air tickets and other tourism products, provision of travel-related and other services, The integrated development segment, which includes the development and operation of tourism and cultural attractions, sales of products and other services and The property management segment, which involves the provision of property management and leasing services for residential and commercial properties and The environmental hygiene segment which involves the provision of environmental hygiene services for urban and rural areas in the PRC.

Executives

China Huarong International Holdings Ltd	2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shi Baodong	2201 Interest of corporation controlled by you
Orient Victory Real Estate Group Holdings Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares

Orient Victory Smart Urban Services Holding (HKSE:00265) Headlines

No Headlines