Dongfeng Motor Group Co (HKSE:00489) Accounts Receivable : HK$9,357 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Dongfeng Motor Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dongfeng Motor Group Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$9,357 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dongfeng Motor Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dongfeng Motor Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-7.81.

Dongfeng Motor Group Co Accounts Receivable Historical Data

The historical data trend for Dongfeng Motor Group Co'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.

Dongfeng Motor Group Co Accounts Receivable Chart

Dongfeng Motor Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

11,895.31

11,879.22

8,556.58

11,611.60

9,357.28

Dongfeng Motor Group Co 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															8,556.58	8,888.78	11,611.60	13,974.14	9,357.28

Dongfeng Motor Group Co Accounts Receivable Calculation

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

Dongfeng Motor Group Co 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.

Dongfeng Motor Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9357.278	/	58668.112	*	91
=	29.11

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

Dongfeng Motor Group Co'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)
=	(114970.38	+	0.75 * 9357.278	+	0.5 * 15568.849	-	187111.66
-	0	-	7461.76)	/	8302.25
=	-7.81

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.

Dongfeng Motor Group Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Dongfeng Motor Group Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Dongfeng Motor Group Co (HKSE:00489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dongfeng Motor Group Co Ltd (HKSE:00489) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

DNFGY:USA DNFGF:USA D4D:Germany

Address

Special No. 1 Dongfeng Road, Wuhan Economic and Technology Development Zone, Hubei, Wuhan, CHN, 430056

Website

https://www.dfmg.com.cn

Dongfeng Motor Group Co Ltd is engaged in vehicle manufacturing, covering other complete business systems relating to automobiles such as R&D of automobiles, parts and equipment manufacturing, automobile finance, automobile sales, and travel business. The company's segments include commercial vehicles, passenger vehicles, financing services, and corporate and others. The majority of its revenue is generated from the Passenger vehicles segment.

Executives

Reynolds Margaret (meg)	2201 Interest of corporation controlled by you
Ward Bryan	2201 Interest of corporation controlled by you
Westwood Global Investments, Llc	2102 Investment manager
Blackrock, Inc.	2201 Interest of corporation controlled by you
Dongfeng Motor Corporation	2101 Beneficial owner
Citigroup Inc.	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Invesco Asset Management Limited	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you

Dongfeng Motor Group Co (HKSE:00489) Headlines

No Headlines