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Shenzhen UTIMES Intelligent Equipment Co (SHSE:688638) Accounts Receivable : ¥348.3 Mil (As of Mar. 2025)


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What is Shenzhen UTIMES Intelligent Equipment Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shenzhen UTIMES Intelligent Equipment Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥348.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shenzhen UTIMES Intelligent Equipment Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 332.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shenzhen UTIMES Intelligent Equipment Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-4.29.


Shenzhen UTIMES Intelligent Equipment Co Accounts Receivable Historical Data

The historical data trend for Shenzhen UTIMES Intelligent Equipment 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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Shenzhen UTIMES Intelligent Equipment Co Accounts Receivable Chart

Shenzhen UTIMES Intelligent Equipment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 21.73 58.23 152.09 289.64 360.41

Shenzhen UTIMES Intelligent Equipment Co Quarterly Data
Dec19 Dec20 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 319.68 369.70 410.38 360.41 348.33

Shenzhen UTIMES Intelligent Equipment Co Accounts Receivable Calculation

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


Shenzhen UTIMES Intelligent Equipment 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.

Shenzhen UTIMES Intelligent Equipment 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
=348.331/95.604*91
=332.47

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

Shenzhen UTIMES Intelligent Equipment 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)
=(641.243+0.75 * 348.331+0.5 * 675.713-1426.787
-0-53.895)/56.000
=-4.29

* 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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Shenzhen UTIMES Intelligent Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Xixiang Street, 17th Floor, Huafeng International Business Building, Baoan, Guangdong, Shenzhen, CHN, 518000
Shenzhen UTIMES Intelligent Equipment Co Ltd is engaged in research & development, production and sales of non-standard automated intelligent assembly equipment and testing equipment. The company's main products are lithium-ion battery intelligent equipment and consumer electronics intelligent manufacturing equipment, which can be widely used in the intelligent production and manufacturing of products in multiple fields such as new energy, automotive electronics, and consumer electronics.
Executives
Liu Wei Supervisors, core technical personnel

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