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Beijing Dinghan Technology Group Co (SZSE:300011) Accounts Receivable : ¥1,609 Mil (As of Mar. 2024)


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What is Beijing Dinghan Technology Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Dinghan Technology Group Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,609 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Dinghan Technology Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 533.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Dinghan Technology Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.19.


Beijing Dinghan Technology Group Co Accounts Receivable Historical Data

The historical data trend for Beijing Dinghan Technology 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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Beijing Dinghan Technology Group Co Accounts Receivable Chart

Beijing Dinghan Technology 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 1,173.97 1,028.89 1,313.43 1,442.75 1,681.73

Beijing Dinghan Technology 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 1,395.25 1,377.86 1,403.45 1,681.73 1,608.78

Beijing Dinghan Technology Group Co Accounts Receivable Calculation

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


Beijing Dinghan Technology 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.

Beijing Dinghan Technology 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
=1608.778/275.132*91
=533.57

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

Beijing Dinghan Technology 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)
=(255.616+0.75 * 1608.778+0.5 * 400.493-2313.235
-0-13.618)/558.65
=-1.19

* 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.


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Beijing Dinghan Technology Group Co (SZSE:300011) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, South Fourth Ring Road, Building 2, Building 18, Headquarters Base, Fengtai District, Beijing, CHN, 100070
Beijing Dinghan Technology Co Ltd is rooted in the rail transit industry. It is focused on the production and provision of professional equipment and integrated solutions for rail transit. Its rail transit rolling stock equipment includes rolling stock power supply, rolling stock air condition, rolling stock special cables, and rolling stock safety detection systems. Geographically, the activities are carried out through China.
Executives
Gu Qing Wei Directors, executives
Hou Wen Qi Director
Xiao Dong Sheng Executives
Wang Sheng Tang Executives
Ruan Shou Guo Director
Wu Zhi Gang Securities Affairs Representative
Li Jing Supervisors
Cao Wu Shun Independent director
Li Dong Rong Directors, executives
Zhang Yan Bing Directors, executives
Wan Qing Directors, executives
Li Tong Supervisors
Ge Cai Feng Executives
Yang Fan Supervisors
Xing Jian Ping Supervisors

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