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Chongqing Mas Sci and Tech Co (SZSE:300275) Accounts Receivable : ¥382.1 Mil (As of Mar. 2024)


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What is Chongqing Mas Sci and Tech Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chongqing Mas Sci and Tech Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥382.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chongqing Mas Sci and Tech Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 376.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chongqing Mas Sci and Tech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.13.


Chongqing Mas Sci and Tech Co Accounts Receivable Historical Data

The historical data trend for Chongqing Mas Sci and Tech 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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Chongqing Mas Sci and Tech Co Accounts Receivable Chart

Chongqing Mas Sci and Tech 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 197.25 267.00 306.30 329.06 380.62

Chongqing Mas Sci and Tech 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 320.74 361.22 371.55 380.62 382.14

Chongqing Mas Sci and Tech Co Accounts Receivable Calculation

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


Chongqing Mas Sci and Tech 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.

Chongqing Mas Sci and Tech 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
=382.142/92.525*91
=376.88

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

Chongqing Mas Sci and Tech 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)
=(51.721+0.75 * 382.142+0.5 * 163.47-457.128
-0-1.154)/302.266
=-0.13

* 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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Chongqing Mas Sci and Tech Co (SZSE:300275) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Fuyuan Road, Jiulongpo, Chongqing, CHN
Chongqing Mas Sci and Tech Co Ltd is engaged in providing data processing and application services in the field of large security and information technology service standard operation, and maintenance service capabilities.
Executives
Ye Li Sheng Director
Deng Guo Qing Independent director
Zheng Hai Jiang Directors, executives
Liu Hang Directors, executives
Hu Shi Qiang Executives
Jin Xiao Han Directors, executives
Zhou He Hua Directors, executives
Ma Yan Director
Deng Zhong Tian Directors, executives
Liu Qiao Xi Directors, executives
Xie Xing Zhi Supervisors
Xiao Hu Executives
Quan Tai Feng Executives
Wu Guang Hong Executives
Peng Zhi Jiang Directors, executives

Chongqing Mas Sci and Tech Co (SZSE:300275) Headlines

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