GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Pingdingshan Oriental Carbon Co Ltd (BJSE:832175) » Definitions » Accounts Receivable

Pingdingshan Oriental Carbon Co (BJSE:832175) Accounts Receivable : ¥71.4 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Pingdingshan Oriental Carbon Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pingdingshan Oriental Carbon Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥71.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pingdingshan Oriental Carbon Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 63.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pingdingshan Oriental Carbon Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.35.


Pingdingshan Oriental Carbon Co Accounts Receivable Historical Data

The historical data trend for Pingdingshan Oriental Carbon 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.

* Premium members only.

Pingdingshan Oriental Carbon Co Accounts Receivable Chart

Pingdingshan Oriental Carbon Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 9.47 20.44 8.74 6.15

Pingdingshan Oriental Carbon Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 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 22.65 35.11 44.61 51.93 71.44

Pingdingshan Oriental Carbon Co Accounts Receivable Calculation

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


Pingdingshan Oriental Carbon 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.

Pingdingshan Oriental Carbon 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
=71.436/102.475*91
=63.61

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

Pingdingshan Oriental Carbon 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)
=(124.185+0.75 * 71.436+0.5 * 416.954-344.925
-0-0)/119
=0.35

* 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.


Pingdingshan Oriental Carbon Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Pingdingshan Oriental Carbon Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Pingdingshan Oriental Carbon Co (BJSE:832175) Business Description

Traded in Other Exchanges
N/A
Address
No.19,Xinglong Road,, Shilong District, Pingdingshan, CHN, 467045
Pingdingshan Oriental Carbon Co Ltd is engaged in the manufacturing of molded/isostatic/extruded graphite products. It offers a range of products including Isostatic Graphite, Vibration molded Graphite and Molded Graphite.

Pingdingshan Oriental Carbon Co (BJSE:832175) Headlines

No Headlines