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Shareate Tools (SHSE:688257) Accounts Receivable : ¥751 Mil (As of Mar. 2025)


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What is Shareate Tools Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shareate Tools's accounts receivables for the quarter that ended in Mar. 2025 was ¥751 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shareate Tools's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 129.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shareate Tools's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.77.


Shareate Tools Accounts Receivable Historical Data

The historical data trend for Shareate Tools'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.

Shareate Tools Accounts Receivable Chart

Shareate Tools 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 215.39 241.79 426.05 536.73 714.41

Shareate Tools 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 572.30 690.78 699.83 714.41 751.06

Shareate Tools Accounts Receivable Calculation

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


Shareate Tools 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.

Shareate Tools's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=751.059/528.306*91
=129.72

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

Shareate Tools'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)
=(768.8+0.75 * 751.059+0.5 * 949.107-1856.387
-0-270.498)/180.954
=-1.77

* 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.


Shareate Tools Accounts Receivable Related Terms

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Shareate Tools Business Description

Traded in Other Exchanges
N/A
Address
133 Shuangma Street, Weiting Town, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215121
Shareate Tools Ltd is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools. Its main products are Rotary Tricone Bit, DTH Hammer & Bit for mining, water well, and oil-field drilling applications, oil drilling, and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy dies, tungsten carbide tubular welding, wear parts, non-standard parts. It exports to South America, Africa, Australia, Russia, South Korea, the USA, Canada and other countries.
Executives
Yang Han Min Core technical personnel
Li Ning Core technical personnel
senior management
Lu Qing Zhong Core technical personnel
Liu Yong senior management
Zhang Yong Qiang Supervisors
Rao Xiang senior management
Wu He Hong Directors, senior managers
Xue You Gang Supervisors
Yuan Ai Directors, senior managers
Liu Guo Zhu Directors, senior managers

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