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Zhejiang Jiaao Enprotech Stock Co (SHSE:603822) Accounts Receivable : ¥302 Mil (As of Mar. 2025)


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What is Zhejiang Jiaao Enprotech Stock Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhejiang Jiaao Enprotech Stock Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥302 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhejiang Jiaao Enprotech Stock Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 59.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhejiang Jiaao Enprotech Stock Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-63.47.


Zhejiang Jiaao Enprotech Stock Co Accounts Receivable Historical Data

The historical data trend for Zhejiang Jiaao Enprotech Stock 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.

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Zhejiang Jiaao Enprotech Stock Co Accounts Receivable Chart

Zhejiang Jiaao Enprotech Stock 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 38.06 33.38 126.95 102.95 33.74

Zhejiang Jiaao Enprotech Stock 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 119.22 45.28 69.36 33.74 302.01

Zhejiang Jiaao Enprotech Stock Co Accounts Receivable Calculation

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


Zhejiang Jiaao Enprotech Stock 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 Jiaao Enprotech Stock 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
=302.01/467.023*91
=59.01

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

Zhejiang Jiaao Enprotech Stock 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)
=(230.468+0.75 * 302.01+0.5 * 747.604-5047.451
-0-659.334)/76.826
=-63.47

* 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.


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Zhejiang Jiaao Enprotech Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No.761 Chongfu Avenue, Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
Zhejiang Jiaao Enprotech Stock Co Ltd is engaged in manufacturing non-toxic, environment-friendly plasticizers stabilizer products, which are widely used in PVC medical devices, Artificial utensils, car interiors, children's toys, food packaging, building materials, pipes, plastic films, plastic flooring. It offers products like dioctyl terephthalate, dioctyl adipate, dioctyl sebacate, and trioctyl trimellitate, Liquid calcium-zinc composite heat stabilizer, and Liquid calcium-zinc composite heat stabilizer.
Executives
Shen Jian Director
Yang Gang Director
Wu Yi Min senior management
Fu Jun Hong Supervisors
Wang Yan Tao Director

Zhejiang Jiaao Enprotech Stock Co Headlines

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