GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yantai Eddie Precision Machinery Co Ltd (SHSE:603638) » Definitions » Accounts Receivable

Yantai Eddie Precision Machinery Co (SHSE:603638) Accounts Receivable : ¥1,133 Mil (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Yantai Eddie Precision Machinery Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yantai Eddie Precision Machinery Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,133 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yantai Eddie Precision Machinery Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 134.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yantai Eddie Precision Machinery Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.14.


Yantai Eddie Precision Machinery Co Accounts Receivable Historical Data

The historical data trend for Yantai Eddie Precision 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.

* Premium members only.

Yantai Eddie Precision Machinery Co Accounts Receivable Chart

Yantai Eddie Precision 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 489.25 447.58 584.46 751.73 1,128.58

Yantai Eddie Precision 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 832.62 967.50 1,074.05 1,128.58 1,133.48

Yantai Eddie Precision Machinery Co Accounts Receivable Calculation

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


Yantai Eddie Precision 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.

Yantai Eddie Precision 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
=1133.481/770.319*91
=134.27

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

Yantai Eddie Precision 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)
=(925.959+0.75 * 1133.481+0.5 * 1193.683-3170.042
-0-147.915)/831.088
=-1.14

* 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.


Yantai Eddie Precision Machinery Co Accounts Receivable Related Terms

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


Yantai Eddie Precision Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No.356, Changjianglu Road, Yantai economic and technological development zone, Shandong Province, Yantai, CHN, 264006
Yantai Eddie Precision Machinery Co Ltd is a China based manufacturer of hydraulic breaker and related equipment. It develops, produces and sells hydraulic breaker, quick coupler, high-frequency vibration breaker, hydraulic shear, hydraulic crusher, stone grapple, log grapple and other attachments for construction machinery. The company sells its products in China, and also exports it to the various other countries.
Executives
Zhong Zhi Ping senior management
Song Peng Directors, senior managers
Li Jiao Yun senior management
Feng Xiao Hua senior management
Song Ou Directors, senior managers
Xu Shang Wu Directors, senior managers
Song Fei Directors, senior managers
Song Yu Xuan Director
Zhang Pei Dong Director
Liu Shi Min Supervisors
Director
Liu Shi Min Director

Yantai Eddie Precision Machinery Co Headlines

No Headlines