GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FAWER Automotive Parts Ltd Co (SZSE:000030) » Definitions » Accounts Receivable

FAWER Automotive Parts Co (SZSE:000030) Accounts Receivable : ¥3,296 Mil (As of Jun. 2024)


View and export this data going back to 1993. Start your Free Trial

What is FAWER Automotive Parts Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FAWER Automotive Parts Co's accounts receivables for the quarter that ended in Jun. 2024 was ¥3,296 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FAWER Automotive Parts Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 78.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FAWER Automotive Parts Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-2.42.


FAWER Automotive Parts Co Accounts Receivable Historical Data

The historical data trend for FAWER Automotive Parts 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.

* Premium members only.

FAWER Automotive Parts Co Accounts Receivable Chart

FAWER Automotive Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,851.25 1,478.08 1,950.67 2,192.48 3,541.97

FAWER Automotive Parts Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,481.69 3,320.25 3,541.97 3,071.42 3,296.04

FAWER Automotive Parts Co Accounts Receivable Calculation

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


FAWER Automotive Parts 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.

FAWER Automotive Parts Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3296.041/3836.342*91
=78.40

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

FAWER Automotive Parts Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(1718.07+0.75 * 3296.041+0.5 * 1343.636-7890.826
-0-1188.454)/1741.64
=-2.42

* 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.


FAWER Automotive Parts Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of FAWER Automotive Parts Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


FAWER Automotive Parts Co Business Description

Traded in Other Exchanges
Address
777 Dongfeng South Street, Xixin Economic Development Zone, Jilin Province, Changchun City, CHN, 130033
FAWER Automotive Parts Ltd Co is engaged in manufacturing automotive parts and components of environment control systems, chassis systems, steering and transmission systems, safety systems, engine accessory systems.
Executives
Wang Xiao Ping Directors, executives
Gan Xian Guo Directors, executives
Yang Yi Ping Executives
Du Xin Yue Executives
Zu Xue Zhong Executives
Ye Fan Directors, executives
Ban Wu Director
Niu Su Yan Supervisors
Gong Yi Heng Supervisors

FAWER Automotive Parts Co Headlines

No Headlines