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Insigma Technology Co (SHSE:600797) Accounts Receivable : ¥1,005 Mil (As of Mar. 2024)


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What is Insigma Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Insigma Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,005 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Insigma Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 134.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Insigma Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.86.


Insigma Technology Co Accounts Receivable Historical Data

The historical data trend for Insigma Technology 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.

Insigma Technology Co Accounts Receivable Chart

Insigma Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 858.68 864.60 867.62 1,036.41 942.55

Insigma Technology 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 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 1,117.70 1,136.71 1,053.16 942.55 1,004.87

Insigma Technology Co Accounts Receivable Calculation

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


Insigma Technology 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.

Insigma Technology 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
=1004.874/680.18*91
=134.81

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

Insigma Technology 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)
=(747.399+0.75 * 1004.874+0.5 * 318.968-2244.77
-0-295.017)/1027.53
=-0.86

* 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.


Insigma Technology Co Accounts Receivable Related Terms

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Insigma Technology Co (SHSE:600797) Business Description

Traded in Other Exchanges
N/A
Address
No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007
Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.
Executives
Zhou Bo senior management
Pan Li Chun Director
Shen Yue Director
Shi Lie Director
Chen Jian Director
Chen Rui Director
Jiang Yi senior management
Dong Dan Qing senior management
Xie Wei senior management
Xu Ke Fei senior management
Wu Ying Yan senior management
Zhao Jian Director
Zhong Ming Bo Director
Yang Xiao Hu senior management
Chen Chun Director

Insigma Technology Co (SHSE:600797) Headlines

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