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Shenzhen Liantronics Co (SZSE:300269) Accounts Receivable : ¥98.9 Mil (As of Mar. 2024)


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What is Shenzhen Liantronics Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shenzhen Liantronics Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥98.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shenzhen Liantronics Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shenzhen Liantronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.78.


Shenzhen Liantronics Co Accounts Receivable Historical Data

The historical data trend for Shenzhen Liantronics 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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Shenzhen Liantronics Co Accounts Receivable Chart

Shenzhen Liantronics 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 518.69 204.68 174.83 189.01 130.56

Shenzhen Liantronics 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 173.17 183.13 184.57 130.56 98.88

Shenzhen Liantronics Co Accounts Receivable Calculation

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


Shenzhen Liantronics 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.

Shenzhen Liantronics 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
=98.881/143.382*91
=62.93

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

Shenzhen Liantronics 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)
=(288.97+0.75 * 98.881+0.5 * 192.842-888.693
-0-0)/549.114
=-0.78

* 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.


Shenzhen Liantronics Co Accounts Receivable Related Terms

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Shenzhen Liantronics Co (SZSE:300269) Business Description

Traded in Other Exchanges
N/A
Address
3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101
Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.
Executives
Xie Zhi Ming Supervisors
Liu Hu Jun Directors, executives
Wang Feng Directors, executives
Wang Guang Yan Executives
Zhong Ju Ying Directors, executives
Zhang Ai Ming Supervisors
Jiang Hao Executives
Huang Yun Wei Executives
Xiang Jian Yong Executives
Yao Tai Ping Director
Zhang Yan Jun Director
Qian Ke Yuan Independent director
Wang Yi Jian Executives
Wang Gang Supervisors

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