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Wellhope Foods Co (SHSE:603609) Accounts Receivable : ¥1,255 Mil (As of Mar. 2025)


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What is Wellhope Foods Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wellhope Foods Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,255 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wellhope Foods Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 14.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wellhope Foods Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-5.30.


Wellhope Foods Co Accounts Receivable Historical Data

The historical data trend for Wellhope Foods 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.

Wellhope Foods Co Accounts Receivable Chart

Wellhope Foods 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 450.17 681.52 1,035.06 1,114.49 893.16

Wellhope Foods 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 1,460.68 1,288.37 1,509.29 893.16 1,254.89

Wellhope Foods Co Accounts Receivable Calculation

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


Wellhope Foods 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.

Wellhope Foods 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
=1254.893/7707.504*91
=14.86

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

Wellhope Foods 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)
=(1299.006+0.75 * 1254.893+0.5 * 3095.294-7754.322
-0-903.333)/919.434
=-5.30

* 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.


Wellhope Foods Co Accounts Receivable Related Terms

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Wellhope Foods Co Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Huishan Street, Shenbei New District, Liaoning Province, Shenyang, CHN, 110164
Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.
Executives
Zhao Xin Director
Wang Feng Jiu senior management
Shao Cai Mei Directors, senior managers
Wang Zhong Tao Supervisors
Ding Yun Feng Director
Jin Wei Dong Director
Gao Quan Li senior management
Sun Li Ge senior management
Zhang Wen Liang Director
Wang Xue Qiang senior management
Wang Zhen Yong senior management
Di Guo senior management

Wellhope Foods Co Headlines

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