ZhongTongGuoMai Communication Co (SHSE:603559) Accounts Receivable : ¥507.7 Mil (As of Mar. 2025)

View and export this data going back to 2016. Start your Free Trial

What is ZhongTongGuoMai Communication Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ZhongTongGuoMai Communication Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥507.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ZhongTongGuoMai Communication Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 588.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ZhongTongGuoMai Communication Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥1.44.

ZhongTongGuoMai Communication Co Accounts Receivable Historical Data

The historical data trend for ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication Co Accounts Receivable Chart

ZhongTongGuoMai Communication Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Get a 7-Day Free Trial

653.06

554.80

461.37

371.91

450.75

ZhongTongGuoMai Communication 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															346.58	364.32	419.09	450.75	507.69

ZhongTongGuoMai Communication Co Accounts Receivable Calculation

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

ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication 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
=	507.685	/	78.74	*	91
=	588.34

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

ZhongTongGuoMai Communication 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)
=	(613.517	+	0.75 * 507.685	+	0.5 * 381.144	-	613.119
-	0	-	-7.435)	/	401.277
=	1.44

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.

ZhongTongGuoMai Communication Co Accounts Receivable Related Terms

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

ZhongTongGuoMai Communication Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZhongTongGuoMai Communication Co Ltd (SHSE:603559) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012

Website

https://www.ztgmcom.com

ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.

Executives

Wang Shi Chao	Director
Li Chun Tian	Director
Qu Guo Li	Supervisors
Zhang Jian Min	senior management
Zhou Cai Hua	Directors, senior managers
Zhang Xian Kun	Director
Meng Qi	senior management
Ma Si Long	Supervisors
Zhang Li Yan	senior management
Tang Zhi Yuan	Director
Yu Sheng Xiang	Director
Wang Zhen Gang	Director

ZhongTongGuoMai Communication Co Headlines

No Headlines