GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhejiang Huayou Cobalt Co Ltd (SHSE:603799) » Definitions » Accounts Receivable

Zhejiang Huayou Cobalt Co (SHSE:603799) Accounts Receivable : ¥6,144 Mil (As of Mar. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Huayou Cobalt Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhejiang Huayou Cobalt Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥6,144 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhejiang Huayou Cobalt Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 31.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhejiang Huayou Cobalt Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-41.14.


Zhejiang Huayou Cobalt Co Accounts Receivable Historical Data

The historical data trend for Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt Co Accounts Receivable Chart

Zhejiang Huayou Cobalt 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 1,140.54 4,383.77 8,036.95 7,977.27 6,802.22

Zhejiang Huayou Cobalt 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 7,099.72 6,769.60 6,082.99 6,802.22 6,143.83

Zhejiang Huayou Cobalt Co Accounts Receivable Calculation

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


Zhejiang Huayou Cobalt 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.

Zhejiang Huayou Cobalt 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
=6143.829/17841.985*91
=31.42

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

Zhejiang Huayou Cobalt 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)
=(19055.42+0.75 * 6143.829+0.5 * 18649.992-90651.805
-0-12340.408)/1701.548
=-41.14

* 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.


Zhejiang Huayou Cobalt Co Accounts Receivable Related Terms

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


Zhejiang Huayou Cobalt Co Business Description

Traded in Other Exchanges
N/A
Address
18 Wu Zhendong Road, Tongxiang Economic Development Zone, Zhejiang, CHN
Zhejiang Huayou Cobalt Co Ltd provides metal production and processing services. The company produces cobalt oxide, cobalt carbonate, cobalt hydroxide, cobalt oxalate, cobalt sulfate, cobalt monoxide, copper, nickel, and related products. The company serves customers and clients internationally.
Executives
Chen Xue Hua Director
Chen Yao Zhong senior management
Xu Wei senior management
Hu Yan Hui senior management
Fang Qi Xue Directors, senior managers
Zhang Bing Hai senior management
Gao Bao Jun senior management
Lu Feng senior management
Fang Yuan senior management
Zhou Qi Fa senior management
Chen Hong Liang Directors, senior managers
Li Rui senior management
Wang Yun senior management

Zhejiang Huayou Cobalt Co Headlines

No Headlines