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Hunan Boyun New Materials Co (SZSE:002297) Accounts Receivable : ¥407.0 Mil (As of Dec. 2024)


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What is Hunan Boyun New Materials Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hunan Boyun New Materials Co's accounts receivables for the quarter that ended in Dec. 2024 was ¥407.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hunan Boyun New Materials Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 140.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hunan Boyun New Materials Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥0.40.


Hunan Boyun New Materials Co Accounts Receivable Historical Data

The historical data trend for Hunan Boyun New Materials 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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Hunan Boyun New Materials Co Accounts Receivable Chart

Hunan Boyun New Materials 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 149.53 113.65 233.66 298.42 407.00

Hunan Boyun New Materials Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 298.42 275.69 304.50 338.93 407.00

Hunan Boyun New Materials Co Accounts Receivable Calculation

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


Hunan Boyun New Materials 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.

Hunan Boyun New Materials Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=406.996/265.054*91
=140.12

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

Hunan Boyun New Materials Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(560.77+0.75 * 406.996+0.5 * 536.734-885.731
-0-21.812)/573.105
=0.40

* 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.


Hunan Boyun New Materials Co Accounts Receivable Related Terms

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Hunan Boyun New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Lusong Road, High-tech Industrial Development Zone, Yuelu District, Changsha, CHN, 410205
Hunan Boyun New Materials Co Ltd is a China-based company located in Changsha City, Hunan Province engaged in the research, development, and production of friction brake materials and carbon composites. The company is mainly engaged in military and civilian aircraft powder metallurgy and carbon/carbon composite brakes, aerospace and civil carbon/carbon composite products, environmentally-friendly high-performance automotive brake pads, high-performance mold materials, military and civilian aircraft wheels and brake systems, powder Research, development, production and sales of metallurgical equipment and other products. Geographically, the activities are carried out through China.
Executives
Xie Jian Xin Independent director
Yi Jian Ming Directors, executives
Li Yong Xia Executives
Zhang Hong Bo Executives
Yao Ping Ping Executives
Shi Wei Executives
Yi Mao Zhong Director
He Zheng Chun Director
Jiang Hui Zhen Director
Cheng Qiu Ping Securities Affairs Representative

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