China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Accounts Receivable : HK$58.73 Mil (As of Jun. 2022)

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What is China U-Ton Future Space Industrial Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China U-Ton Future Space Industrial Group Holdings's accounts receivables for the quarter that ended in Jun. 2022 was HK$58.73 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China U-Ton Future Space Industrial Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 341.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China U-Ton Future Space Industrial Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was HK$-0.32.

China U-Ton Future Space Industrial Group Holdings Accounts Receivable Historical Data

The historical data trend for China U-Ton Future Space Industrial Group Holdings'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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China U-Ton Future Space Industrial Group Holdings Accounts Receivable Chart

China U-Ton Future Space Industrial Group Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Receivable

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56.50

233.31

197.59

21.69

44.46

China U-Ton Future Space Industrial Group Holdings Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Accounts Receivable	Get a 7-Day Free Trial															175.57	21.69	-	44.46	58.73

China U-Ton Future Space Industrial Group Holdings Accounts Receivable Calculation

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

China U-Ton Future Space Industrial Group Holdings 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.

China U-Ton Future Space Industrial Group Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.734	/	31.409	*	91
=	341.27

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), China U-Ton Future Space Industrial Group Holdings's accounts receivable are only considered to be worth 75% of book value:

China U-Ton Future Space Industrial Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=	(24.504	+	0.75 * 58.734	+	0.5 * 1.898	-	1006.679
-	0	-	-13.981)	/	2859.94
=	-0.32

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.

China U-Ton Future Space Industrial Group Holdings Accounts Receivable Related Terms

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China U-Ton Future Space Industrial Group Holdings (HKSE:06168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China U-Ton Future Space Industrial Group Holdings Ltd (HKSE:06168) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit B, 28 Yee Wo Street, 12th Floor, Hang Seng Causeway Bay Building, Causeway Bay, HKG

Website

http://www.chinauton.com.hk

China U-Ton Future Space Industrial Group Holdings Ltd is engaged in providing deployment services of optical fibers. The principal activities of the Group are the provision of design, deployment and maintenance of optical fibers services, other communication networks services, environmentally intelligent technical products and services, and moneylending services. It utilizes its proprietary micro-ducts and micro-cables system deployment technology to provide optical fiber network construction and capacity expansion services. The company's generates maximum revenue share from the People's Republic of China (PRC).

Executives

Qian Tiwei	2201 Interest of corporation controlled by you
Great Sharp International Limited	2106 Person having a security interest in shares
Liu Xuezhong	2101 Beneficial owner
Li Yuelan	2201 Interest of corporation controlled by you
China Fund Limited	2101 Beneficial owner
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited	2106 Person having a security interest in shares
Huarong International Financial Holdings Limited	2201 Interest of corporation controlled by you
Bei Jing Xing Yun Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Guo Aru
Jiang Changqing
Bright Warm Limited
Bei Jing Xing Yun Qing Ke Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Xing Ji Cheng Shi Wen Hua Chuan Mei You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Shi Zhong Xiao Qi Ye Fu Wu Zhong Xin	2201 Interest of corporation controlled by you

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