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Yunhong Green CTI (Yunhong Green CTI) Accounts Receivable : $3.98 Mil (As of Dec. 2023)


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What is Yunhong Green CTI Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yunhong Green CTI's accounts receivables for the quarter that ended in Dec. 2023 was $3.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yunhong Green CTI's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 53.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yunhong Green CTI's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.28.


Yunhong Green CTI Accounts Receivable Historical Data

The historical data trend for Yunhong Green CTI'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.

Yunhong Green CTI Accounts Receivable Chart

Yunhong Green CTI 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 6.79 1.77 3.44 1.62 3.98

Yunhong Green CTI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.62 3.34 2.96 0.93 3.98

Yunhong Green CTI Accounts Receivable Calculation

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


Yunhong Green CTI 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.

Yunhong Green CTI's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.975/6.771*91
=53.57

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

Yunhong Green CTI's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0.921+0.75 * 3.975+0.5 * 7.791-13.515
-0-0)/20.7719
=-0.28

* 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.


Yunhong Green CTI Accounts Receivable Related Terms

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Yunhong Green CTI (Yunhong Green CTI) Business Description

Traded in Other Exchanges
N/A
Address
22160 North Pepper Road, Lake Barrington, IL, USA, 60010
Yunhong Green CTI Ltd manufacturers and marketers of custom film packaging products, novelty balloons, candy and balloon gift solutions. The company's products include 100% biodegradable and compostable resins, and include the following finished products: shopping bags, grocery bags, rolled clear bags for food, trash bags, large bin liners, garment bags, takeaway bags, mailing and shipping bags, and many other consumer and commercial products and applications.
Executives
Wan Zhang director WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD. DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yaping Zhang director WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD, DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yubao Li director 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Lf International Pte. Ltd. 10 percent owner 4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Art Gisonni director 22160 NORTH PEPPER ROAD, LAKE BARRINGTON IL 60010
John H Schwan director, 10 percent owner, officer: Chairman, CEO 22160 N PEPPER ROAD, BARRINGTON IL 60010
Samuel Komar officer: Vice President Marketing 22160 N PEPPER ROAD, BARRINGTON IL 60010
Frank Cesario officer: Chief Financial Officer C/O ISCO INTERNATIONAL INC, 451 KIGSTON COURT, MT PROSPECT IL 60056
Jeffrey S Hyland director, officer: President 22160 N. PEPPER ROAD, BARRINGTON IL 60010
Stephen M Merrick director, 10 percent owner, officer: Secretary, Executive VP 401 S LASALLE STREET SUITE 1302, CHICAGO IL 60605
Stanley M Brown director 747 GLENN AVE, WHEELING IL 60090
John M Klimek director 136 CHESTERFIELD INDUSTRIAL BOULEVARD, CHESTERFIELD MO 63005
Howard C Eirinberg director 22160 PEPPER ROAD, BARRINGTON IL 60010
Miguel Orlando Martinez officer: Vice President Pouch Products 22160 N. PEPPER ROAD, BARRINGTON IL 60010
Rahul P Deshmukh officer: Vice President of Operations 22160 N. PEPPER ROAD, BARRINGTON IL 60010