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Kehua Data Co (SZSE:002335) Accounts Receivable : ¥2,728 Mil (As of Mar. 2024)


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What is Kehua Data Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kehua Data Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥2,728 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kehua Data Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 210.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kehua Data Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-7.65.


Kehua Data Co Accounts Receivable Historical Data

The historical data trend for Kehua Data 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.

Kehua Data Co Accounts Receivable Chart

Kehua Data 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 1,503.06 1,703.57 2,058.08 2,084.21 2,791.56

Kehua Data 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 2,158.72 2,434.48 2,782.48 2,791.56 2,728.21

Kehua Data Co Accounts Receivable Calculation

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


Kehua Data 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.

Kehua Data 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
=2728.213/1183.985*91
=210.26

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

Kehua Data 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)
=(865.874+0.75 * 2728.213+0.5 * 793.725-6727.893
-0-111.535)/461.569
=-7.65

* 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.


Kehua Data Co Accounts Receivable Related Terms

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Kehua Data Co (SZSE:002335) Business Description

Traded in Other Exchanges
N/A
Address
No. 457, Malong Road, Torch Park, Torch High-tech Zone, Fujian, Xiamen, CHN, 361006
Kehua Data Co Ltd engages in the research, development, manufacture, and sale of renewable energy and data center products. Its product offerings include central inverters, inverter containers, and central distribution systems; energy storage systems and converters, and storage batteries; grid-tied PV and string inverters; solar controllers, off-grid inverters and chargers, single and three phase inverters and others.
Executives
Lin Qing Min Executives
Chen Si Xiong Directors, executives
Lai Yong Chun Supervisors
Chen Hao Directors, executives
Tang Shan Executives
Lin Tao Directors, executives
Cui Jian Executives
Lin Yi Directors, executives
Lu Ming Fu Supervisors
Deng Hong Fei Executives
Su Rui Yu Executives
Liang Shu Zhan Supervisors
Huang Qing Feng Executives
Wu Jian Wen Directors, Directors, and Executives
Wu Hong Li Executives

Kehua Data Co (SZSE:002335) Headlines

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