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Guizhou Redstar Developing Co (SHSE:600367) Accounts Receivable : ¥273 Mil (As of Mar. 2025)


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What is Guizhou Redstar Developing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guizhou Redstar Developing Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥273 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guizhou Redstar Developing Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 46.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guizhou Redstar Developing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥1.37.


Guizhou Redstar Developing Co Accounts Receivable Historical Data

The historical data trend for Guizhou Redstar Developing 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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Guizhou Redstar Developing Co Accounts Receivable Chart

Guizhou Redstar Developing 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 196.98 230.35 255.57 206.95 184.23

Guizhou Redstar Developing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 275.40 263.68 289.03 184.23 272.72

Guizhou Redstar Developing Co Accounts Receivable Calculation

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


Guizhou Redstar Developing 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.

Guizhou Redstar Developing Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=272.719/532.687*91
=46.72

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

Guizhou Redstar Developing Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(868.414+0.75 * 272.719+0.5 * 382.363-531.902
-0-263.294)/341.131
=1.37

* 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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Guizhou Redstar Developing Co Business Description

Traded in Other Exchanges
N/A
Address
Dingqi Town, Zhenning County, Anshun, Guizhou, CHN, 561206
Guizhou Redstar Developing Co Ltd is engaged in the production of barium carbonate, electrolytic manganese dioxide, insoluble sulfur, thiourea, sulfur, barium sulfate, barium nitrate, barium chloride, and marigold. The products are used in the electronic information industry, chemical industry, light industry, metallurgy and ceramics industry.
Executives
Gao Yue Fei Director
Liu Zheng Tao senior management
Wan Yang Directors, senior managers
Guo Han Guang Director
Liang Qi Bo Directors, senior managers
Luo Jian Ping senior management
Geng Zhen senior management
Chen Guo Qiang senior management
Meng Fan Zhen Supervisors
Wen Xia Director
Hua Dong senior management
Liu Xiang Yu senior management
Yu Kong Hua senior management

Guizhou Redstar Developing Co Headlines

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