EVGRF (China Evergrande New Energy Vehicle Group) Accounts Receivable: $5.1 Mil (As of Jun. 2024)

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EVGRF China Evergrande New Energy Vehicle Group Ltd EVGRF
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What is China Evergrande New Energy Vehicle Group Accounts Receivable?

China Evergrande New Energy Vehicle Group EVGRF 4 Accounts Receivable is $5.1 Mil as of Jun. 2024. GuruFocus rates EVGRF with a GF Score™ of 4/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Evergrande New Energy Vehicle Group's accounts receivables for the quarter that ended in Jun. 2024 was $5.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Evergrande New Energy Vehicle Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 177.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Evergrande New Energy Vehicle Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.94.

China Evergrande New Energy Vehicle Group 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.

China Evergrande New Energy Vehicle Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.131/5.29*91
=177.01

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), China Evergrande New Energy Vehicle Group's accounts receivable are only considered to be worth 75% of book value:

China Evergrande New Energy Vehicle Group'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)
=(5.497+0.75 * 5.131+0.5 * 51.667-10248.548
-0--6.872)/10843.793
=-0.94

* 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.

China Evergrande New Energy Vehicle Group Accounts Receivable Related Terms

China Evergrande New Energy Vehicle Group Accounts Receivable Historical Data

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The historical data trend for China Evergrande New Energy Vehicle Group'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.

China Evergrande New Energy Vehicle Group Accounts Receivable Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.97 151.37 17.70 9.00 5.60

China Evergrande New Energy Vehicle Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 10.54 9.00 4.31 5.60 5.13
EVGRF
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China Evergrande New Energy Vehicle Group Ltd EVGRF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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China Evergrande New Energy Vehicle Group Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $5.1 Mil mean?
China Evergrande New Energy Vehicle Group (EVGRF) has a Accounts Receivable of $5.1 Mil as of Jun. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on China Evergrande New Energy Vehicle Group and its competitors.
Is China Evergrande New Energy Vehicle Group's Accounts Receivable too high?
China Evergrande New Energy Vehicle Group's current Accounts Receivable is $5.1 Mil. Overall, China Evergrande New Energy Vehicle Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande New Energy Vehicle Group's Accounts Receivable compare to JYNT and AONC?
China Evergrande New Energy Vehicle Group's Accounts Receivable of $5.1 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on China Evergrande New Energy Vehicle Group and its competitors. China Evergrande New Energy Vehicle Group's current Accounts Receivable is $5.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande New Energy Vehicle Group stock overvalued right now?
China Evergrande New Energy Vehicle Group (EVGRF) has a current Accounts Receivable of $5.1 Mil. The current Accounts Receivable is $5.1 Mil. China Evergrande New Energy Vehicle Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For China Evergrande New Energy Vehicle Group (EVGRF), the current Accounts Receivable is $5.1 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande New Energy Vehicle Group Business Description

Address No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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