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BYDIY (BYD Electronic (International) Co) Accounts Receivable : $3,216 Mil (As of Jun. 2024)


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What is BYD Electronic (International) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BYD Electronic (International) Co's accounts receivables for the quarter that ended in Jun. 2024 was $3,216 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BYD Electronic (International) Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 50.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BYD Electronic (International) Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-62.07.


BYD Electronic (International) Co Accounts Receivable Historical Data

The historical data trend for BYD Electronic (International) 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.

BYD Electronic (International) Co Accounts Receivable Chart

BYD Electronic (International) 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 1,364.10 2,200.77 1,866.36 2,243.20 3,222.78

BYD Electronic (International) Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 3,222.78 - 3,215.87 -

BYD Electronic (International) Co Accounts Receivable Calculation

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


BYD Electronic (International) 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.

BYD Electronic (International) Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3215.87/5803.181*91
=50.57

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

BYD Electronic (International) Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1120.673+0.75 * 3215.87+0.5 * 2840.688-7750.147
-0-0)/45.064
=-62.07

* 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.


BYD Electronic (International) Co Accounts Receivable Related Terms

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BYD Electronic (International) Co Business Description

Traded in Other Exchanges
Address
No. 1 Bibao Second Road, Baolong Street, Longgang District, Shenzhen, CHN, 518116
BYD Electronic (International) Co Ltd is a diversified components supplier and assembler. Spun out from its parent company BYD Company in 2007, BYDE is known for assembling iPads and is a supplier of metal and plastic components to consumer electronic devices such as tablets, laptops, and smartphones. The next leg of growth also comes from hardware used in electric vehicles and Internet of Things devices such as drones, residential energy storage, and smart home devices. BYDE's headquarters are in Shenzhen, China, and it employed around 150,300 people as of Dec. 31, 2023.

BYD Electronic (International) Co Headlines

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