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Fujian Supertech Advanced Material Co (SHSE:688398) Accounts Receivable : ¥387.2 Mil (As of Mar. 2025)


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What is Fujian Supertech Advanced Material Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fujian Supertech Advanced Material Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥387.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fujian Supertech Advanced Material Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 143.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fujian Supertech Advanced Material Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.80.


Fujian Supertech Advanced Material Co Accounts Receivable Historical Data

The historical data trend for Fujian Supertech Advanced Material 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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Fujian Supertech Advanced Material Co Accounts Receivable Chart

Fujian Supertech Advanced Material Co Annual Data
Trend Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.29 146.59 199.46 327.19 379.08

Fujian Supertech Advanced Material 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 331.52 320.29 309.83 379.08 387.19

Fujian Supertech Advanced Material Co Accounts Receivable Calculation

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


Fujian Supertech Advanced Material 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.

Fujian Supertech Advanced Material 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
=387.188/245.908*91
=143.68

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

Fujian Supertech Advanced Material 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)
=(268.076+0.75 * 387.188+0.5 * 157.385-939.909
-0-0)/167.814
=-1.80

* 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.


Fujian Supertech Advanced Material Co Accounts Receivable Related Terms

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Fujian Supertech Advanced Material Co Business Description

Traded in Other Exchanges
N/A
Address
Lianguan Industrial Area, Liancheng County, Fujian Province, Longyan, CHN, 366200
Fujian Supertech Advanced Material Co Ltd engages in the production and sales of vacuum insulation materials. The company manufactures vacuum insulation boards, wall insulation boards, vacuum equipment, glass fibres and products, plastic films and products, and adsorbents. The vacuum insulation panels are used in refrigerators, freezers, refrigerated trucks, refrigerated containers, water heaters, vending machines, and ice storage tanks.
Executives
Yan Lang Ji senior management
Wang Mei Lan Director
Liu Zhu Ping senior management
Yang Jia Ying Directors, senior managers
Chang Xiao An Director

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