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Xiamen Itg Group (SHSE:600755) Accounts Receivable : ¥14,297 Mil (As of Mar. 2025)


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What is Xiamen Itg Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Xiamen Itg Group's accounts receivables for the quarter that ended in Mar. 2025 was ¥14,297 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Xiamen Itg Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 18.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Xiamen Itg Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-20.45.


Xiamen Itg Group Accounts Receivable Historical Data

The historical data trend for Xiamen Itg Group'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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Xiamen Itg Group Accounts Receivable Chart

Xiamen Itg Group 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 3,794.94 5,554.39 9,140.05 9,986.59 12,482.11

Xiamen Itg Group 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 12,418.96 12,630.69 13,701.47 12,482.11 14,296.62

Xiamen Itg Group Accounts Receivable Calculation

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


Xiamen Itg Group 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.

Xiamen Itg Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14296.617/70534.222*91
=18.50

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

Xiamen Itg Group'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)
=(14486.985+0.75 * 14296.617+0.5 * 31087.329-80853.517
-0-4214.952)/2167.464
=-20.45

* 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.


Xiamen Itg Group Accounts Receivable Related Terms

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Xiamen Itg Group Business Description

Traded in Other Exchanges
N/A
Address
Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004
Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.
Executives
Cai Ying Bin senior management
Fan Dan senior management
Gao Shao Yong Director
Wu Yun Xuan Directors, senior managers
Zhu Da Xin senior management
Wang Yong Qing senior management
Yu Li Jie senior management
Wang Xiao Feng senior management
Ceng Yuan senior management
Lu Zheng Jian senior management
Xu Xiao Xi Director
Bo Shu Ya senior management
Xu Qiu Qin Supervisors
Lin Chen Liang Director

Xiamen Itg Group Headlines

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