GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Autobio Diagnostics Co Ltd (SHSE:603658) » Definitions » Accounts Receivable

Autobio Diagnostics Co (SHSE:603658) Accounts Receivable : ¥1,213 Mil (As of Jun. 2024)


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

What is Autobio Diagnostics Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Autobio Diagnostics Co's accounts receivables for the quarter that ended in Jun. 2024 was ¥1,213 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Autobio Diagnostics Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 98.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Autobio Diagnostics Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-0.92.


Autobio Diagnostics Co Accounts Receivable Historical Data

The historical data trend for Autobio Diagnostics 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.

Autobio Diagnostics Co Accounts Receivable Chart

Autobio Diagnostics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 634.48 956.32 989.06 1,052.44 1,153.26

Autobio Diagnostics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,058.27 1,109.62 1,153.26 1,106.91 1,212.65

Autobio Diagnostics Co Accounts Receivable Calculation

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


Autobio Diagnostics 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.

Autobio Diagnostics Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1212.645/1117.909*91
=98.98

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

Autobio Diagnostics Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(857.757+0.75 * 1212.645+0.5 * 884.842-2673.206
-0-77.948)/586.272
=-0.92

* 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.


Autobio Diagnostics Co Accounts Receivable Related Terms

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


Autobio Diagnostics Co Business Description

Traded in Other Exchanges
N/A
Address
No.199, 15th Avenue, National Economic and Technological Development Area, Zhengzhou, CHN, 450016
Autobio Diagnostics Co Ltd is a clinical diagnostics company in China. It specializes in research and development, production, marketing and service of clinical diagnostic products, including immunoassay, microbiology and biochemical products. It focuses on the common development of both reagents and instruments. Reagents products include immunoassay, biochemistry, microbiology, and IVD subdivision areas, and instruments include both full automation and semi-automation instruments and systems. Geographically it holds a strong distribution network with thousands of distributors in the Chinese market.
Executives
Miao Yong Jun Director

Autobio Diagnostics Co Headlines

No Headlines