Zhongyuan Bank Co (HKSE:01216) Accounts Receivable : HK$0 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Zhongyuan Bank Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhongyuan Bank Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhongyuan Bank Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhongyuan Bank Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-34.37.

Zhongyuan Bank Co Accounts Receivable Historical Data

The historical data trend for Zhongyuan Bank 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.

Zhongyuan Bank Co Accounts Receivable Chart

Zhongyuan Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

Zhongyuan Bank Co Semi-Annual Data
	Dec14	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													-	-	-	-	-

Zhongyuan Bank Co Accounts Receivable Calculation

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

Zhongyuan Bank 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.

Zhongyuan Bank 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
=	0	/	8718.233	*	91
=	0.00

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

Zhongyuan Bank 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)
=	(130504.543	+	0.75 * 0	+	0.5 * 0	-	1366740.513
-	15311.742	-	4794.681)	/	36549.8
=	-34.37

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.

Zhongyuan Bank Co Accounts Receivable Related Terms

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

Zhongyuan Bank Co (HKSE:01216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zhongyuan Bank Co Ltd (HKSE:01216) » Definitions » Accounts Receivable

Traded in Other Exchanges

ZNNGY:USA

Address

No. 23 Shangwu Waihuan Road, Zhongke Golden Tower, Zhengdong New District CBD, Henan Province, Zhengzhou, CHN

Website

https://www.zybank.com.cn

Zhongyuan Bank Co Ltd is engaged in the provision of corporate banking services. The business segments of the company are the Corporate banking segment, which represents the provision of a range of financial products and services to corporations, government agencies and financial institutions. The retail banking segment represents the provision of a range of financial products and services to retail customers. The financial markets business segment covers the Group's financial markets business operations. The financial markets business enters into inter-bank money market transactions, repurchases transactions and investments. Other segments represent assets, liabilities, income and expenses which cannot be directly attributable or cannot be allocated to a segment on a reasonable basis.

Zhongyuan Bank Co (HKSE:01216) Headlines

No Headlines