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Inner Mongolia First Machinery Group Co (SHSE:600967) Accounts Receivable : ¥1,947 Mil (As of Mar. 2025)


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What is Inner Mongolia First Machinery Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inner Mongolia First Machinery Group Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,947 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Inner Mongolia First Machinery Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 65.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Inner Mongolia First Machinery Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.57.


Inner Mongolia First Machinery Group Co Accounts Receivable Historical Data

The historical data trend for Inner Mongolia First Machinery 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.

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Inner Mongolia First Machinery Group Co Accounts Receivable Chart

Inner Mongolia First Machinery 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 557.53 682.63 1,148.58 899.54 994.03

Inner Mongolia First Machinery Group 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 1,225.12 1,537.35 3,002.12 994.03 1,946.84

Inner Mongolia First Machinery Group Co Accounts Receivable Calculation

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


Inner Mongolia First Machinery 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.

Inner Mongolia First Machinery Group 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
=1946.841/2731.417*91
=65.04

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

Inner Mongolia First Machinery Group 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)
=(3666.174+0.75 * 1946.841+0.5 * 2179.095-8861.828
-0-32.884)/1701.795
=-1.57

* 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.


Inner Mongolia First Machinery Group Co Accounts Receivable Related Terms

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Inner Mongolia First Machinery Group Co Business Description

Traded in Other Exchanges
N/A
Address
Democratic Road, Inner Mongolia Autonomous Region, Qingshan District, Baotou, CHN, 014030
Inner Mongolia First Machinery Group Co Ltd manufactures and distributes freight cars, gondola cars, tank cars, flatcars, boxcars, hopper cars, brake beams, bogies, and axles. The other business involves the research and development, sales, and manufacturing of railway trucks and parts, machinery equipment, and pressure vessels. The companies export region covers Asia, Africa, South America, and North America and other countries and regions.
Executives
Wang Yu senior management
Wang Bao Ying senior management
Wang Yong Le Directors, senior managers
Wang Tong Directors, senior managers
Li Jian Wei senior management
Cao Fu Hui senior management
Ding Li Sheng Director
Wu Jie Directors, senior managers
Wei Jin Zhong Directors, senior managers
Li Quan Wen Director
Jia Rui senior management
Li Guo Hao senior management

Inner Mongolia First Machinery Group Co Headlines

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