GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Juli Sling Co Ltd (SZSE:002342) » Definitions » Accounts Receivable

Juli Sling Co (SZSE:002342) Accounts Receivable : ¥1,144 Mil (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Juli Sling Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Juli Sling Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥1,144 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Juli Sling Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 213.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Juli Sling Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-0.89.


Juli Sling Co Accounts Receivable Historical Data

The historical data trend for Juli Sling 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.

Juli Sling Co Accounts Receivable Chart

Juli Sling 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 842.41 974.69 1,095.92 1,191.23 1,211.17

Juli Sling 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 1,127.90 1,095.35 1,162.19 1,211.17 1,143.89

Juli Sling Co Accounts Receivable Calculation

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


Juli Sling 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.

Juli Sling 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
=1143.887/488.018*91
=213.88

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

Juli Sling 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)
=(661.768+0.75 * 1143.887+0.5 * 909.855-2828.947
-0-0)/960.000
=-0.89

* 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.


Juli Sling Co Accounts Receivable Related Terms

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


Juli Sling Co Business Description

Traded in Other Exchanges
N/A
Address
Juli Road Xushui Baoding City, Baoding, CHN
Juli Sling Co Ltd is engaged in research and development and manufacturing of rigging. The company is also engaged in the business of new energy and film and television.
Executives
Yang Jian Zhong Director
Zhang Hong Directors, executives
Zhang Ya Nan Supervisors
Wang Jie Directors, executives
Yang Sai Executives
Yang Jian Guo Director
Yang Hui De Supervisors
Li Yan Ying Executives
Zhang Cheng Xue Supervisors
Yao Xiang Supervisors
Wang Ying Executives
Keng Yong Gang Supervisors
Yang Kai Executives
Yao Jun Zhan Director
Liu Xu Director

Juli Sling Co Headlines

No Headlines