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Weaver Network Technology Co (SHSE:603039) Accounts Receivable : ¥230 Mil (As of Sep. 2024)


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What is Weaver Network Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Weaver Network Technology Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥230 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Weaver Network Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 41.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Weaver Network Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥2.49.


Weaver Network Technology Co Accounts Receivable Historical Data

The historical data trend for Weaver Network 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.

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Weaver Network Technology Co Accounts Receivable Chart

Weaver Network 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 85.26 102.13 173.96 227.11 259.89

Weaver Network Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 200.04 259.89 218.13 246.86 229.64

Weaver Network Technology Co Accounts Receivable Calculation

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


Weaver Network 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.

Weaver Network Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=229.643/499.801*91
=41.93

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

Weaver Network Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2047.404+0.75 * 229.643+0.5 * 73.535-1607.991
-0-0)/260.603
=2.49

* 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.


Weaver Network Technology Co Accounts Receivable Related Terms

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Weaver Network Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3419 Sanlu Highway, Fanwei Software Park, Minhang, Shanghai, CHN, 201112
Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution.
Executives
Wei Li Dong Directors, senior managers
Sui Qing senior management
Hu Bo senior management
Wang Chen Zhi Directors, senior managers
Yang Guo Sheng senior management
Bao Xiao Juan Directors, senior managers
Zhou Jun Feng Director
Jin Ge Directors, senior managers
Xiong Xue Wu Director

Weaver Network Technology Co Headlines

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