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Lianhe Chemical Technology Co (SZSE:002250) Accounts Receivable : ¥1,500 Mil (As of Mar. 2025)


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What is Lianhe Chemical Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lianhe Chemical Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,500 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lianhe Chemical Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 90.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lianhe Chemical Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-4.31.


Lianhe Chemical Technology Co Accounts Receivable Historical Data

The historical data trend for Lianhe Chemical 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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Lianhe Chemical Technology Co Accounts Receivable Chart

Lianhe Chemical Technology 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 871.18 1,331.89 1,468.26 1,113.42 1,225.53

Lianhe Chemical Technology 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 1,467.40 1,205.69 1,062.28 1,225.53 1,499.78

Lianhe Chemical Technology Co Accounts Receivable Calculation

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


Lianhe Chemical 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.

Lianhe Chemical Technology 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
=1499.784/1509.821*91
=90.64

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

Lianhe Chemical Technology 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)
=(1007.375+0.75 * 1499.784+0.5 * 2397.207-6836.841
-0-422.541)/911.333
=-4.31

* 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.


Lianhe Chemical Technology Co Accounts Receivable Related Terms

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Lianhe Chemical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Wangxi Road, Huangyan District, Taizhou, Zhejiang, CHN, 318020
Lianhe Chemical Technology Co Ltd operates in chemical raw materials and chemical manufacturing industry. The company is engaged in providing chemical and technical solutions to areas of pesticides, pharmaceuticals, functional chemicals, and equipment and engineering.
Executives
Fan Xiao Bin Directors, executives
Chen Fei Biao Directors, executives
Feng Yu Hai Supervisors
Peng Yin Sheng Director
Ren An Li Securities Affairs Representative
Yu Zhen Ying Supervisors
Mou Jin Xiang Director
Zhou Wei Cheng Independent director
Zhang You Zhi Director
He Chun Executives
Zhang Xian Gui Executives
Ye Cai Qun Securities Affairs Representative
Ye Yuan Ming Executives
Bao Zhen Yong Directors, executives, securities affairs represen
Zheng Xian Ping Executives

Lianhe Chemical Technology Co Headlines

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