GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huagong Tech Co Ltd (SZSE:000988) » Definitions » Accounts Receivable

Huagong Tech Co (SZSE:000988) Accounts Receivable : ¥4,353 Mil (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is Huagong Tech Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Huagong Tech Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥4,353 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Huagong Tech Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 118.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Huagong Tech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.17.


Huagong Tech Co Accounts Receivable Historical Data

The historical data trend for Huagong Tech 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.

Huagong Tech Co Accounts Receivable Chart

Huagong Tech Co 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 2,146.61 3,008.65 3,633.76 3,757.58 4,925.07

Huagong Tech 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 3,664.80 3,528.70 4,188.48 4,925.07 4,353.33

Huagong Tech Co Accounts Receivable Calculation

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


Huagong Tech 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.

Huagong Tech 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
=4353.326/3355.472*91
=118.39

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

Huagong Tech 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)
=(3893.369+0.75 * 4353.326+0.5 * 2881.409-9675.572
-0-96.984)/1005.503
=-1.17

* 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.


Huagong Tech Co Accounts Receivable Related Terms

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


Huagong Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, 6th Road, Science Park, Huazhong University of Science and Technology, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223
Huagong Tech Co Ltd produces, sells and provides technical services for products centered on laser technology, computer software and system integration technology, and PTC technology.
Executives
Xiong Wen Directors, executives
Zhang Qin Executives
Liu Han Shu Directors, Directors, and Executives
Ma Xin Qiang Directors, executives
Chen Sen Hua Supervisors
An Xin Securities Affairs Representative
Min Da Yong Directors, executives
Nie Bo Executives
Yang Xiao Executives
Yang Xing Guo Executives
Deng Jia Ke Executives
Cai Xue En Independent director
Zhu Song Qing Director
Lv Wei Ping Independent director
Wang Xiao Bei Supervisors

Huagong Tech Co Headlines

No Headlines