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LianChuang Electronic Technology Co (SZSE:002036) Accounts Receivable : ¥2,671 Mil (As of Sep. 2024)


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What is LianChuang Electronic Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LianChuang Electronic Technology Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥2,671 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LianChuang Electronic Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 86.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LianChuang Electronic Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-8.47.


LianChuang Electronic Technology Co Accounts Receivable Historical Data

The historical data trend for LianChuang Electronic Technology 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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LianChuang Electronic Technology Co Accounts Receivable Chart

LianChuang Electronic Technology 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 1,905.62 1,987.63 2,534.94 3,153.40 2,755.47

LianChuang Electronic Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,348.14 2,755.47 3,044.37 2,894.59 2,671.04

LianChuang Electronic Technology Co Accounts Receivable Calculation

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


LianChuang Electronic Technology 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.

LianChuang Electronic Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2671.035/2807.791*91
=86.81

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

LianChuang Electronic Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1558.6+0.75 * 2671.035+0.5 * 2131.869-13007.793
-0-671.794)/1068.572
=-8.47

* 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.


LianChuang Electronic Technology Co Accounts Receivable Related Terms

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LianChuang Electronic Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1699 Jingdong Avenue, Nanchang High-tech Industrial Development Zone, Jiangxi, Nanchang, CHN, 330096
LianChuang Electronic Technology Co Ltd is engaged in the research, development, production, and sales of electronic products such as optoelectronic components, semiconductor devices, optical components, camera modules, touch screens and liquid crystal display modules and others.
Executives
Rao Wei Directors, executives
Lu Guo Qing Secretary Dong
Lu Fan Rong Directors, executives
Luo Shun Gen Directors, executives
Ceng Ji Yong Directors, executives
Han Sheng Long Directors, executives
Liu Dan Supervisors
Wang Zong Zhen Executives
Zhang Guo Jun Directors, executives
Wang Meng Wei Supervisors
Chen Ju Fang Supervisors
Zhuang Li Ping Supervisors
Ma Jing Yue Executives
Zhang Ling Hua Executives
Shi Dong Ming Director

LianChuang Electronic Technology Co Headlines

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