GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jiangsu Hengshang Energy Conservation Technology Co Ltd (SHSE:603137) » Definitions » Accounts Receivable

Jiangsu Hengshang Energy Conservation Technology Co (SHSE:603137) Accounts Receivable : ¥596 Mil (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Jiangsu Hengshang Energy Conservation Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiangsu Hengshang Energy Conservation Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥596 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiangsu Hengshang Energy Conservation Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 118.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiangsu Hengshang Energy Conservation Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-5.98.


Jiangsu Hengshang Energy Conservation Technology Co Accounts Receivable Historical Data

The historical data trend for Jiangsu Hengshang Energy Conservation 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.

Jiangsu Hengshang Energy Conservation Technology Co Accounts Receivable Chart

Jiangsu Hengshang Energy Conservation Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 264.44 335.73 524.91 528.97 740.36

Jiangsu Hengshang Energy Conservation Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 497.67 510.26 550.26 740.36 595.54

Jiangsu Hengshang Energy Conservation Technology Co Accounts Receivable Calculation

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


Jiangsu Hengshang Energy Conservation 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.

Jiangsu Hengshang Energy Conservation Technology 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
=595.543/459.783*91
=118.19

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

Jiangsu Hengshang Energy Conservation Technology 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)
=(440.907+0.75 * 595.543+0.5 * 102.738-2033.186
-0-0)/182.933
=-5.98

* 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.


Jiangsu Hengshang Energy Conservation Technology Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Jiangsu Hengshang Energy Conservation Technology Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Hengshang Energy Conservation Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Tonghu Road, Ehu Town, Xishan District, Jiangsu Province, Wuxi, CHN, 214117
Jiangsu Hengshang Energy Conservation Technology Co Ltd is engaged in the Design, manufacture and construction of building curtain walls, doors, skylights, steel structures and window engineering. The company undertakes the design, installation and construction of indoor and outdoor decoration projects and mechanical and electrical installation.
Executives
Zhou Zu Qing Director
Gao Pei Jun senior management
Rong Yue Hong Director
Zhou Zu Wei Director

Jiangsu Hengshang Energy Conservation Technology Co Headlines

No Headlines