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UniTTEC Co (SZSE:000925) Accounts Receivable : ¥1,097 Mil (As of Mar. 2024)


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What is UniTTEC Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. UniTTEC Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,097 Mil.

Accounts receivable can be measured by Days Sales Outstanding. UniTTEC Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 396.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. UniTTEC Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-5.38.


UniTTEC Co Accounts Receivable Historical Data

The historical data trend for UniTTEC 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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UniTTEC Co Accounts Receivable Chart

UniTTEC 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 1,375.17 1,182.57 1,304.65 1,169.79 1,266.94

UniTTEC Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 986.09 1,033.84 1,213.04 1,266.94 1,096.79

UniTTEC Co Accounts Receivable Calculation

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


UniTTEC 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.

UniTTEC Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1096.787/252.532*91
=396.31

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

UniTTEC Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(612.17+0.75 * 1096.787+0.5 * 338.566-4293.943
-0-304.089)/556.328
=-5.38

* 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.


UniTTEC Co Accounts Receivable Related Terms

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UniTTEC Co (SZSE:000925) Business Description

Traded in Other Exchanges
N/A
Address
Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051
UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.
Executives
Pan Li Chun Director
Luo Jian Qiang Executives
Bian Jin Fei Executives
He Hao Executives
Lou Hong Hai Directors, executives
Zhao Qin Directors, executives
Tang Xin Liang Director
Ling Zhu Jun Executives
Wang Zhen Yu Executives
Shi Xiu Xia Executives
Li Jun Directors, executives
Lu Xi Wei Executives
Pan Rong Executives
Chen Jun Directors, executives
Jiang Xiang Yang Executives

UniTTEC Co (SZSE:000925) Headlines

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