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Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Accounts Receivable : ¥1 Mil (As of Mar. 2025)


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What is Zhe Jiang Li Zi Yuan Food Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhe Jiang Li Zi Yuan Food Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhe Jiang Li Zi Yuan Food Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 0.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhe Jiang Li Zi Yuan Food Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-0.82.


Zhe Jiang Li Zi Yuan Food Co Accounts Receivable Historical Data

The historical data trend for Zhe Jiang Li Zi Yuan Food 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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Zhe Jiang Li Zi Yuan Food Co Accounts Receivable Chart

Zhe Jiang Li Zi Yuan Food Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.81 1.06 0.78 0.44 1.29

Zhe Jiang Li Zi Yuan Food 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 0.83 2.29 0.45 1.29 0.73

Zhe Jiang Li Zi Yuan Food Co Accounts Receivable Calculation

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


Zhe Jiang Li Zi Yuan Food 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.

Zhe Jiang Li Zi Yuan Food 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
=0.733/319.977*91
=0.21

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Zhe Jiang Li Zi Yuan Food Co's accounts receivable are only considered to be worth 75% of book value:

Zhe Jiang Li Zi Yuan Food 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)
=(794.515+0.75 * 0.733+0.5 * 191.716-1214.052
-0-0)/394.433
=-0.82

* 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.


Zhe Jiang Li Zi Yuan Food Co Accounts Receivable Related Terms

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Zhe Jiang Li Zi Yuan Food Co Business Description

Traded in Other Exchanges
N/A
Address
Liziyuan Industrial Park, Caozhai Town, Jindong District, Zhejiang Province, Jinhua, CHN, 321031
Zhe Jiang Li Zi Yuan Food Co Ltd is engaged in research and development, production and sales of milk-containing beverages and other beverages such as sweet milk and milk beverage series. Its products include dairy products, vegetable protein beverages, compound protein beverages, fruit juice beverages, and cereal beverages.
Executives
Cui Hong Wei Supervisors
Sun Xu Fen senior management
Zhu Wen Xiu Director
Cheng Wei Zhong senior management
Wang Shun Yu Director
Su Zhong Jun Director
Fang Jian Hua senior management
Li Guo Ping Director
Xu Fu Sheng senior management
Wang Xu Bin Director
Zheng Song You Supervisors

Zhe Jiang Li Zi Yuan Food Co Headlines

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