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Yingkou Jinchen Machinery Co (SHSE:603396) Accounts Receivable : ¥735 Mil (As of Mar. 2025)


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What is Yingkou Jinchen Machinery Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yingkou Jinchen Machinery Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥735 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yingkou Jinchen Machinery Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 97.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yingkou Jinchen Machinery Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥1.49.


Yingkou Jinchen Machinery Co Accounts Receivable Historical Data

The historical data trend for Yingkou Jinchen Machinery 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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Yingkou Jinchen Machinery Co Accounts Receivable Chart

Yingkou Jinchen Machinery 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 505.03 737.48 1,160.82 1,138.44 947.39

Yingkou Jinchen Machinery 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 1,118.29 1,088.38 976.34 947.39 734.70

Yingkou Jinchen Machinery Co Accounts Receivable Calculation

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


Yingkou Jinchen Machinery 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.

Yingkou Jinchen Machinery 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
=734.702/686.849*91
=97.61

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

Yingkou Jinchen Machinery 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)
=(1264.18+0.75 * 734.702+0.5 * 2000.806-2559.631
-0-49.689)/138.527
=1.49

* 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.


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Yingkou Jinchen Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 95, Xingang Street, Xicheng District, Liaoning Province, Yingkou, CHN, 115000
Yingkou Jinchen Machinery Co Ltd is a China-based company, engages in the supply of automated production solutions for industrial enterprises. It provides all production equipment and turnkey engineering services for lithium batteries, photovoltaic module manufacturing, and port automation. Its products include profile angle machines, solar cell module frame and angle devices, solar cell module loading and unloading manipulators, solar cell module inverting devices, solar cell sheet welding devices, packing bag conveying mechanisms, as well as solar cell module automatic production line transmission feeders and transmission feeder assemblies.
Executives
Yang Bao Hai senior management
Wang Ming Jian senior management
Yang Lin Lin senior management
Jin Liang Yan senior management
Yang Yan Director
Ge Min senior management
Zhang Er Jian Director

Yingkou Jinchen Machinery Co Headlines

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