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Beijing Beetech (SZSE:300667) Accounts Receivable : ¥166.1 Mil (As of Mar. 2024)


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What is Beijing Beetech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Beetech's accounts receivables for the quarter that ended in Mar. 2024 was ¥166.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Beetech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 96.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Beetech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.52.


Beijing Beetech Accounts Receivable Historical Data

The historical data trend for Beijing Beetech'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.

Beijing Beetech Accounts Receivable Chart

Beijing Beetech 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 231.33 234.78 206.39 172.60 174.03

Beijing Beetech 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 170.84 168.67 161.55 174.03 166.05

Beijing Beetech Accounts Receivable Calculation

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


Beijing Beetech 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 Beetech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=166.051/157.094*91
=96.45

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

Beijing Beetech'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)
=(341.883+0.75 * 166.051+0.5 * 288.461-296.185
-0-7.096)/202.765
=1.52

* 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.


Beijing Beetech Accounts Receivable Related Terms

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Beijing Beetech (SZSE:300667) Business Description

Traded in Other Exchanges
N/A
Address
Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085
Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.
Executives
Zhang Zhi Tao Executives
Ding Liang Cheng Director
Xu Feng Directors, executives
Dai Xiao Ning Directors, executives
Shen Wei Zhen Executives
Chen De Min Supervisors
Deng Yan Qing Executives
Tang Zhi Bin Directors, executives
He Lei Director
Gong Dao Yong Director

Beijing Beetech (SZSE:300667) Headlines

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