GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (HKSE:03877) » Definitions » Accounts Receivable

CSSC (Hong Kong) Shipping Co (HKSE:03877) Accounts Receivable : HK$0 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is CSSC (Hong Kong) Shipping Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CSSC (Hong Kong) Shipping 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. CSSC (Hong Kong) Shipping 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. CSSC (Hong Kong) Shipping Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-5.03.


CSSC (Hong Kong) Shipping Co Accounts Receivable Historical Data

The historical data trend for CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co Accounts Receivable Chart

CSSC (Hong Kong) Shipping Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - - - - -

CSSC (Hong Kong) Shipping Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

CSSC (Hong Kong) Shipping Co Accounts Receivable Calculation

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


CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping 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
=0/1893.864*91
=0.00

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

CSSC (Hong Kong) Shipping 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)
=(1564.688+0.75 * 0+0.5 * 0-32313.648
-0-118.039)/6136.88
=-5.03

* 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.


CSSC (Hong Kong) Shipping Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of CSSC (Hong Kong) Shipping Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


CSSC (Hong Kong) Shipping Co (HKSE:03877) Business Description

Traded in Other Exchanges
Address
19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG
CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company in Greater China. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides Leasing services.
Executives
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
China Re Asset Management (hong Kong) Company Limited 2102 Investment manager
Zhong Guo Zai Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Cssc International Holding Company Limited 2101 Beneficial owner
State-owned Assets Supervision And Administration Commission 2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

CSSC (Hong Kong) Shipping Co (HKSE:03877) Headlines

No Headlines