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Jiuzhitang Co (SZSE:000989) Accounts Receivable : ¥686 Mil (As of Mar. 2025)


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What is Jiuzhitang Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiuzhitang Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥686 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiuzhitang Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 77.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiuzhitang Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥0.46.


Jiuzhitang Co Accounts Receivable Historical Data

The historical data trend for Jiuzhitang 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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Jiuzhitang Co Accounts Receivable Chart

Jiuzhitang 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 392.37 404.20 291.35 441.75 392.92

Jiuzhitang 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 844.10 815.36 747.64 392.92 686.28

Jiuzhitang Co Accounts Receivable Calculation

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


Jiuzhitang 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.

Jiuzhitang 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
=686.277/805.672*91
=77.73

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

Jiuzhitang 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)
=(945.223+0.75 * 686.277+0.5 * 909.479-1318.379
-0-200.066)/855.942
=0.46

* 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.


Jiuzhitang Co Accounts Receivable Related Terms

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Jiuzhitang Co Business Description

Traded in Other Exchanges
N/A
Address
No. 339 Tongzipo West Road, Tonglu, Hunan province, Changsha, CHN, 410205
Jiuzhitang Co Ltd is a China-based medicine company. It is engaged in the manufacture and sale of traditional Chinese medicines and biological medicine. The company developed four different lines of products such as Health Products, Modern Chinese Medicine, Ecological Western Medicine and Biomedical Medicine. The organization sells its products in China and international countries.
Executives
Li Zhen Guo Director
Liu Guo Chao Director
Xu Xiang Ping Directors, executives
Liu Shu Xia Supervisors
Sun Wei Xiang Executives
Sheng Suo Zhu Directors, executives
Yang Lian Min Executives
Gao Jin Yan Executives
Sun Xiao Bo Director
Xu De An Supervisors
Cai Guang Yun Executives
Yu Ke Jian Director

Jiuzhitang Co Headlines

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