GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Suntien Green Energy Corp Ltd (HKSE:00956) » Definitions » Accounts Receivable

China Suntien Green Energy (HKSE:00956) Accounts Receivable : HK$7,636 Mil (As of Dec. 2024)


View and export this data going back to 2010. Start your Free Trial

What is China Suntien Green Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Suntien Green Energy's accounts receivables for the quarter that ended in Dec. 2024 was HK$7,636 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Suntien Green Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 116.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Suntien Green Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-13.41.


China Suntien Green Energy Accounts Receivable Historical Data

The historical data trend for China Suntien Green Energy'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.

China Suntien Green Energy Accounts Receivable Chart

China Suntien Green Energy 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 5,768.64 8,151.79 5,969.01 6,800.77 7,636.02

China Suntien Green Energy Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6,800.77 7,602.82 7,732.89 8,009.50 7,636.02

China Suntien Green Energy Accounts Receivable Calculation

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


China Suntien Green Energy 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 Suntien Green Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7636.018/5960.604*91
=116.90

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

China Suntien Green Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(3263.087+0.75 * 7636.018+0.5 * 2308.933-60754.531
-0-5786.136)/4205.693
=-13.41

* 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 Suntien Green Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of China Suntien Green Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


China Suntien Green Energy Business Description

Traded in Other Exchanges
Address
No. 9 Yuhua West Road, 9th Floor, Block A, Yuyuan Plaza, Qiaoxi District, Hebei Province, Shijiazhuang, CHN, 050001
China Suntien Green Energy is engaged in the wind power, photovoltaic, and natural gas businesses. The natural gas segment is involved in the sales of natural gas and gas appliances, and the provision of construction and connection services of natural gas pipelines. The wind and solar energy segment sells electricity to external grid companies by operating wind farms and solar energy plants. In 2023, the firm's natural gas transmission volume was 5,114 million cubic meters, while sales volume of electricity was 13.93 billion kilowatt-hours. As of end-2023, the firm had consolidated renewable energy (wind and solar) installed capacity of 6.42 gigawatts.
Executives
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Guang Zhou Yue Xiu Chan Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Guang Zhou Yue Xiu Zi Ben Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chang Cheng Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Brown Brothers Harriman & Co. 2502 Approved lending agent
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Morgan Stanley 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you

China Suntien Green Energy Headlines

No Headlines