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Foxconn Industrial Internet Co (SHSE:601138) Accounts Receivable : ¥88,467 Mil (As of Dec. 2023)


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What is Foxconn Industrial Internet Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Foxconn Industrial Internet Co's accounts receivables for the quarter that ended in Dec. 2023 was ¥88,467 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Foxconn Industrial Internet Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 54.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Foxconn Industrial Internet Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ¥2.06.


Foxconn Industrial Internet Co Accounts Receivable Historical Data

The historical data trend for Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co Accounts Receivable Chart

Foxconn Industrial Internet Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 84,643.74 86,827.50 87,029.70 97,672.92 88,466.87

Foxconn Industrial Internet Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 97,672.92 65,339.02 74,333.58 79,957.92 88,466.87

Foxconn Industrial Internet Co Accounts Receivable Calculation

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


Foxconn Industrial Internet 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.

Foxconn Industrial Internet Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=88466.866/147521.722*91
=54.72

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

Foxconn Industrial Internet Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(83795.58+0.75 * 88466.866+0.5 * 76683.349-147109.966
-0-407.882)/19866.1
=2.06

* 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.


Foxconn Industrial Internet Co Accounts Receivable Related Terms

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Foxconn Industrial Internet Co (SHSE:601138) Business Description

Traded in Other Exchanges
N/A
Address
2 East Ring Road, Longhua Street, 2nd Floor, Building C1, Foxconn Technology Park, Longhua District, Guangdong Province, Shenzhen, CHN, 518109
Foxconn Industrial Internet Co Ltd is engaged in designing and manufacturing of communication network equipment, cloud service equipment, precision tools, and industrial robots. The company's main products cover communication network equipment, cloud service equipment, precision tools and industrial robots. The products are mainly used in smartphones, broadband, and wireless networks, infrastructure construction of multimedia service operators, infrastructure construction of telecom operators, and others.

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