What is iMotion Automotive Technology (Suzhou) Co Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. iMotion Automotive Technology (Suzhou) Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$240 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
iMotion Automotive Technology (Suzhou) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.41.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. iMotion Automotive Technology (Suzhou) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$3.38.
iMotion Automotive Technology (Suzhou) Co Accounts Receivable Historical Data
* 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.
iMotion Automotive Technology (Suzhou) Co Accounts Receivable Chart
iMotion Automotive Technology (Suzhou) Co Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Accounts Receivable
17.77
135.16
322.29
239.64
iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
iMotion Automotive Technology (Suzhou) Co Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
iMotion Automotive Technology (Suzhou) 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.
iMotion Automotive Technology (Suzhou) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), iMotion Automotive Technology (Suzhou) Co's accounts receivable are only considered to be worth 75% of book value:
iMotion Automotive Technology (Suzhou) Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
iMotion Automotive Technology (Suzhou) Co Accounts Receivable Related Terms
Thank you for viewing the detailed overview of iMotion Automotive Technology (Suzhou) Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01274 has been successfully added to your