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CETC Cyberspace Security Technology Co (SZSE:002268) Accounts Receivable : ¥1,368 Mil (As of Mar. 2025)


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What is CETC Cyberspace Security Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CETC Cyberspace Security Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,368 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CETC Cyberspace Security Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 840.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CETC Cyberspace Security Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥2.76.


CETC Cyberspace Security Technology Co Accounts Receivable Historical Data

The historical data trend for CETC Cyberspace Security Technology 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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CETC Cyberspace Security Technology Co Accounts Receivable Chart

CETC Cyberspace Security Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,274.67 795.64 1,046.25 1,360.80 1,541.08

CETC Cyberspace Security Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,232.47 1,357.90 1,189.48 1,541.08 1,367.83

CETC Cyberspace Security Technology Co Accounts Receivable Calculation

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


CETC Cyberspace Security Technology 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.

CETC Cyberspace Security Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1367.828/148.463*91
=840.71

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

CETC Cyberspace Security Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(2444.924+0.75 * 1367.828+0.5 * 403.965-1338.07
-0-2.655)/845.677
=2.76

* 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.


CETC Cyberspace Security Technology Co Accounts Receivable Related Terms

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CETC Cyberspace Security Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 333, Yunhua Road, High-Tech Industrial Dvelopment Zone, Sichuan, Chengdu, CHN, 610095
CETC Cyberspace Security Technology Co Ltd is a China-based company that offers security-related products and services. It provides professional and autonomous network information security solutions, products, and services. It offers password products, network security products, and security information systems. The group is committed to building a life-cycle security solution from chip to system for a party and government users.
Executives
Zhang Jian Executives
Ren Li Yong Independent director
Wei Hong Kuan Executives
Li Cheng Gang Director
Shen Yi Independent director
Liu Zhi Hui Securities Affairs Representative
Lei Li Min Directors, executives
Zhou Jun Executives
Qing Yu Director
Wei Jian Ping Director
Luo Tian Wen Director
Chen Qiu Yuan Supervisors
Huang Yue Jiang Director
Tan Xing Lie Executives
Lei Ji Cheng Director

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