ELION ENERGY CO (SHSE:600277) Accounts Receivable : ¥1,338 Mil (As of Mar. 2024)

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What is ELION ENERGY CO Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ELION ENERGY CO's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,338 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ELION ENERGY CO's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 92.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ELION ENERGY CO's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-2.70.

ELION ENERGY CO Accounts Receivable Historical Data

The historical data trend for ELION ENERGY 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.

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ELION ENERGY CO Accounts Receivable Chart

ELION ENERGY CO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1,191.68

1,497.55

896.91

1,121.94

1,313.32

ELION ENERGY CO Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,179.90	1,242.89	1,310.34	1,313.32	1,337.87

ELION ENERGY CO Accounts Receivable Calculation

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

ELION ENERGY 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.

ELION ENERGY CO's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1337.866	/	1318.272	*	91
=	92.61

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

ELION ENERGY CO's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(3778.388	+	0.75 * 1337.866	+	0.5 * 285.643	-	11947.553
-	0	-	2586.259)	/	3560.62
=	-2.70

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.

ELION ENERGY CO Accounts Receivable Related Terms

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ELION ENERGY CO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ELION ENERGY CO LTD (SHSE:600277) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

No.15 Guanghua Road, Elion Eco-plaza, Chaoyang District, Beijing, CHN

Website

http://www.elion.cn

ELION ENERGY CO LTD is a China-based company engaged in businesses of Ecosystem, Energy, and Finance. Ecosystem business, the company adopts biological and ecological techniques to restore desertified, rocky, salinized, alkalized and degraded land and to improve the environment of western deserts, which includes national ecological projects. In Energy business, the company developed Micro-fine Coal Atomization which has improved combustion efficiency and thermal efficiency and minimizes coal consumption, achieving efficient and clean use of coal and reducing pollutants. In the Finance business, the company intends to build a green finance platform that contains funds, trusts, credit investigation, third-party payment, finance companies, insurance and carbon finance.

Executives

Jiang Yong	Director
Tian Ji Sheng	Director
Liu Jiang Tao	Director
Xu Wei Hui	Director
Ai Hong Gang	senior management
Gao Zhi Jun	senior management
Du Pu	senior management
Zhang Su Wei	Director

ELION ENERGY CO Headlines

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