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Cheng Du Sheng Nuo Biotec Co (SHSE:688117) Accounts Receivable : ¥153.2 Mil (As of Mar. 2025)


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What is Cheng Du Sheng Nuo Biotec Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cheng Du Sheng Nuo Biotec Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥153.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cheng Du Sheng Nuo Biotec Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 75.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cheng Du Sheng Nuo Biotec Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-2.24.


Cheng Du Sheng Nuo Biotec Co Accounts Receivable Historical Data

The historical data trend for Cheng Du Sheng Nuo Biotec 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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Cheng Du Sheng Nuo Biotec Co Accounts Receivable Chart

Cheng Du Sheng Nuo Biotec Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 96.81 102.40 100.57 107.64 101.75

Cheng Du Sheng Nuo Biotec 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 82.44 75.50 101.39 101.75 153.21

Cheng Du Sheng Nuo Biotec Co Accounts Receivable Calculation

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


Cheng Du Sheng Nuo Biotec 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.

Cheng Du Sheng Nuo Biotec 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
=153.206/184.337*91
=75.84

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

Cheng Du Sheng Nuo Biotec 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)
=(185.259+0.75 * 153.206+0.5 * 293.371-698.647
-0-0)/112.419
=-2.24

* 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.


Cheng Du Sheng Nuo Biotec Co Accounts Receivable Related Terms

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Cheng Du Sheng Nuo Biotec Co Business Description

Traded in Other Exchanges
N/A
Address
Section 1, Gongye Avenue, Jinyuan Town, Dayi County, Sichuan Province, Chengdu, CHN, 611330
Cheng Du Sheng Nuo Biotec Co Ltd is a independent research and development, production and sales of peptide raw materials and preparation products.
Executives
Wang Xiao Li Directors, senior managers
Lu Chang Liang senior management
Dong Hua Jian Core technical personnel
Wen Yong Jun Directors, senior managers, core technical personnel
Wu Li Directors, senior managers
Guo De Wen Core technical personnel
Yu Xiao Hai Directors, senior managers
Ma Zhong Gang Senior management, core technical personnel
Zhang Hong Yan Directors, senior managers

Cheng Du Sheng Nuo Biotec Co Headlines

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