Henan Jinyuan Hydrogenated Chemicals Co (HKSE:02502) Accounts Receivable : HK$33 Mil (As of Dec. 2024)

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

What is Henan Jinyuan Hydrogenated Chemicals Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Henan Jinyuan Hydrogenated Chemicals Co's accounts receivables for the quarter that ended in Dec. 2024 was HK$33 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Henan Jinyuan Hydrogenated Chemicals Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 3.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Henan Jinyuan Hydrogenated Chemicals Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.27.

Henan Jinyuan Hydrogenated Chemicals Co Accounts Receivable Historical Data

The historical data trend for Henan Jinyuan Hydrogenated Chemicals 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.

Henan Jinyuan Hydrogenated Chemicals Co Accounts Receivable Chart

Henan Jinyuan Hydrogenated Chemicals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

25.41

14.59

51.52

35.16

33.32

Henan Jinyuan Hydrogenated Chemicals Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			51.52	18.11	35.16	32.88	33.32

Henan Jinyuan Hydrogenated Chemicals Co Accounts Receivable Calculation

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

Henan Jinyuan Hydrogenated Chemicals 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.

Henan Jinyuan Hydrogenated Chemicals Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33.315	/	1601.432	*	91
=	3.80

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

Henan Jinyuan Hydrogenated Chemicals Co'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)
=	(376.477	+	0.75 * 33.315	+	0.5 * 154.799	-	624.426
-	0	-	113.362)	/	955.640
=	-0.27

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.

Henan Jinyuan Hydrogenated Chemicals Co Accounts Receivable Related Terms

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

Henan Jinyuan Hydrogenated Chemicals Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Henan Jinyuan Hydrogenated Chemicals Co Ltd (HKSE:02502) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

West First Ring Road South, Henan Province, Jiyuan, CHN

Website

https://www.jyqhhg.com

Henan Jinyuan Hydrogenated Chemicals Co Ltd supplies hydrogenated benzene-based chemicals and energy products in Henan province. The company operates in the following segments: The Refined chemicals segment which accounts for the majority of revenue engages in sales of hydrogenated benzene-based chemicals; the Energy products segment sale energy products, mainly coal gas and LNG; Trading engages in trading of refined oil, LNG, and hydrogen through gas stations and Other Services segment.

Executives

Henan Jinma Energy Company Limited
Max Success Group Holdings Limited
Ng Mei Ling
Yeung Chi Ming
Ascend Open Master Fund Vcc - Yide Kui Mao Fund V	2101 Beneficial owner
Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Company Limited	2101 Beneficial owner
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Ubs Tc (jersey) Ltd	2201 Interest of corporation controlled by you
Zhongsheng Holdings Company Limited	2101 Beneficial owner
Zhongsheng Group Holdings Limited	2201 Interest of corporation controlled by you
You Zhenhua
Wang Fengmei
Dong Caiping

Henan Jinyuan Hydrogenated Chemicals Co Headlines

No Headlines