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Easyhome New Retail Group Co (SZSE:000785) Accounts Receivable : ¥1,334 Mil (As of Mar. 2024)


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What is Easyhome New Retail Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Easyhome New Retail Group Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,334 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Easyhome New Retail Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Easyhome New Retail Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-4.58.


Easyhome New Retail Group Co Accounts Receivable Historical Data

The historical data trend for Easyhome New Retail 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.

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Easyhome New Retail Group Co Accounts Receivable Chart

Easyhome New Retail Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 385.78 569.49 709.38 1,082.93 1,125.02

Easyhome New Retail Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,371.73 1,473.23 1,320.36 1,125.02 1,334.43

Easyhome New Retail Group Co Accounts Receivable Calculation

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


Easyhome New Retail 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.

Easyhome New Retail Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1334.425/3136.687*91
=38.82

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

Easyhome New Retail Group Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(2904.153+0.75 * 1334.425+0.5 * 548.578-31875.904
-0-1078.746)/6287.29
=-4.58

* 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.


Easyhome New Retail Group Co Accounts Receivable Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071
Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.
Executives
Zhang Jian Director
Du Xue Gang Executives
Hao Jian Director
Chen Liang Directors, executives
Wang Ning Directors, executives
Li Xuan Xuan Executives
Zhu Chan Fei Executives
Gao Ya Qi Secretary Dong
Chen Chen Executives
Wang Peng Executives
Wang Lin Peng Directors, executives
Li Tao Director
Ren Qu Supervisors
Xiao Shu Gang Supervisors
Niu Bo Xia Supervisors

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