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Beijing ZEHO Waterfront Ecological Environment Treatment Co (SHSE:605069) Accounts Receivable : ¥785.1 Mil (As of Mar. 2024)


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What is Beijing ZEHO Waterfront Ecological Environment Treatment Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing ZEHO Waterfront Ecological Environment Treatment Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥785.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 933.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing ZEHO Waterfront Ecological Environment Treatment Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-8.49.


Beijing ZEHO Waterfront Ecological Environment Treatment Co Accounts Receivable Historical Data

The historical data trend for Beijing ZEHO Waterfront Ecological Environment Treatment 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.

Beijing ZEHO Waterfront Ecological Environment Treatment Co Accounts Receivable Chart

Beijing ZEHO Waterfront Ecological Environment Treatment Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,482.85 1,679.89 1,790.44 1,508.72 898.20

Beijing ZEHO Waterfront Ecological Environment Treatment Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,427.08 1,322.70 1,249.90 898.20 785.05

Beijing ZEHO Waterfront Ecological Environment Treatment Co Accounts Receivable Calculation

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


Beijing ZEHO Waterfront Ecological Environment Treatment 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.

Beijing ZEHO Waterfront Ecological Environment Treatment Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=785.051/76.719*91
=933.74

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Beijing ZEHO Waterfront Ecological Environment Treatment Co's accounts receivable are only considered to be worth 75% of book value:

Beijing ZEHO Waterfront Ecological Environment Treatment Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(93.679+0.75 * 785.051+0.5 * 5.314-2342.061
-0-140.942)/211.698
=-8.49

* 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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Beijing ZEHO Waterfront Ecological Environment Treatment Co (SHSE:605069) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Yongjie North Road, Room 314, 3rd Floor, Block A, Yongfeng Industrial Base, Haidian District, Beijing, CHN, 100084
Beijing ZEHO Waterfront Ecological Environment Treatment Co Ltd is engaged in the ecological protection, ecological restoration, water environment management, ecological landscape construction and planning and design services.
Executives
Yang Bo Director
Zhang You Director
Huang Jun Director
Xing Lei senior management

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