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Shanghai Fosun Pharmaceutical (Group) Co (SHSE:600196) Accounts Receivable : ¥7,952 Mil (As of Dec. 2024)


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What is Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shanghai Fosun Pharmaceutical (Group) Co's accounts receivables for the quarter that ended in Dec. 2024 was ¥7,952 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shanghai Fosun Pharmaceutical (Group) Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 71.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shanghai Fosun Pharmaceutical (Group) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥-16.65.


Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Historical Data

The historical data trend for Shanghai Fosun Pharmaceutical (Group) 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.

Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Chart

Shanghai Fosun Pharmaceutical (Group) Co 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 4,564.66 6,029.72 7,588.10 7,643.74 7,952.07

Shanghai Fosun Pharmaceutical (Group) Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 7,643.74 7,437.72 8,162.58 8,415.90 7,952.07

Shanghai Fosun Pharmaceutical (Group) Co Accounts Receivable Calculation

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


Shanghai Fosun Pharmaceutical (Group) 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.

Shanghai Fosun Pharmaceutical (Group) 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
=7952.073/10155.307*91
=71.45

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

Shanghai Fosun Pharmaceutical (Group) 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)
=(16119.93+0.75 * 7952.073+0.5 * 7258.649-57526.838
-0-12672.622)/2671.326
=-16.65

* 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.


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Shanghai Fosun Pharmaceutical (Group) Co Business Description

Traded in Other Exchanges
Address
No. 1289 Yishan Road, Building A, Fosun Technology Park, Shanghai, CHN, 200233
Shanghai Fosun Pharmaceutical (Group) Co Ltd is engaged in the development, manufacture, and sale of pharmaceutical products and medical equipment, the import and export of medical equipment, and the provision of related and other consulting services and investment management. Its business segments are Pharmaceutical manufacturing, Healthcare Services, Medical devices, and medical diagnosis. It generates the majority of its revenue from the Pharmaceutical manufacturing segment. The company considers merger and acquisition investment as a potential component of its operational growth for expanding its research, development, manufacturing, and marketing capabilities. Its geographic areas are the Chinese mainland, Regions outside the Chinese mainland, and other countries.
Executives
Yao Fang Director
Wu Yi Fang Director
Wen De Yong Directors, senior managers
Guan Xiao Hui Director
Wang Ke Xin Director
Bao Qin Gui senior management
Mei Jing Ping senior management
Li Sheng Li senior management
Feng Rong Li senior management
Wang Dong Hua senior management
Dong Xiao Xian senior management
Su Li senior management
Zhu Yue senior management
Chen Yu Qing senior management
Hu Hang senior management

Shanghai Fosun Pharmaceutical (Group) Co Headlines

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