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Bank of Gansu Co (HKSE:02139) Accounts Receivable : HK$0 Mil (As of Dec. 2023)


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What is Bank of Gansu Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bank of Gansu 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. Bank of Gansu 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. Bank of Gansu Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-24.02.


Bank of Gansu Co Accounts Receivable Historical Data

The historical data trend for Bank of Gansu 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.

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Bank of Gansu Co Accounts Receivable Chart

Bank of Gansu Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Bank of Gansu Co Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Bank of Gansu Co Accounts Receivable Calculation

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


Bank of Gansu 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.

Bank of Gansu 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
=0/2596.306*91
=0.00

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

Bank of Gansu 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)
=(26824.624+0.75 * 0+0.5 * 0-388738.401
-0-46.415)/15069.8
=-24.02

* 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.


Bank of Gansu Co Accounts Receivable Related Terms

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Bank of Gansu Co (HKSE:02139) Business Description

Traded in Other Exchanges
N/A
Address
525-1 Donggang West Road, Chengguan District, Gansu Province, Lanzhou City, CHN, 700030
Bank of Gansu Co Ltd is a China-based commercial bank. The operating segments of the company are Corporate banking, Retail banking, Financial market operations, and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services, including loans, discounted bills, deposits, and fees, and commission-based products and services to corporations and government agencies. Its activities include corporate loans and advances, deposit-taking activities, agency services, consulting, and advisory services, remittance and settlement services, and guarantee services.

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