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Sensteed Hi-tech Group (SZSE:000981) Accounts Receivable : ¥692 Mil (As of Mar. 2025)


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What is Sensteed Hi-tech Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sensteed Hi-tech Group's accounts receivables for the quarter that ended in Mar. 2025 was ¥692 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sensteed Hi-tech Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 60.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sensteed Hi-tech Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-0.79.


Sensteed Hi-tech Group Accounts Receivable Historical Data

The historical data trend for Sensteed Hi-tech Group'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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Sensteed Hi-tech Group Accounts Receivable Chart

Sensteed Hi-tech Group 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 733.45 568.40 612.04 859.78 801.48

Sensteed Hi-tech Group 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 907.41 737.21 777.25 801.48 692.07

Sensteed Hi-tech Group Accounts Receivable Calculation

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


Sensteed Hi-tech Group 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.

Sensteed Hi-tech Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=692.069/1050.621*91
=60.11

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

Sensteed Hi-tech Group'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)
=(543.389+0.75 * 692.069+0.5 * 1057.621-9383.801
-0-96.978)/9997.471
=-0.79

* 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.


Sensteed Hi-tech Group Accounts Receivable Related Terms

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Sensteed Hi-tech Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1800, Zhongshan East Road, 42nd Floor, Guohua Financial Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Sensteed Hi-tech Group is engaged in the New energy business. It's actively deploying new energy vehicles & semiconductors Dual industry chains to create a high-end manufacturing ecosystem that is interconnected and interactive with multiple industries such as new energy vehicle manufacturing, semiconductor packaging materials, high-end automotive parts, and travel services.
Executives
Li Min Supervisors
Xiong Xu Qiang Director
Wu Xi Liang Director
Liang Yong Bo Supervisors
Xu Hai Jiang Supervisors
Jin Zhao Xiu Director
Hou Xin Cai Executives

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