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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Creative Distribution Automation Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥541 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Beijing Creative Distribution Automation Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 99.21.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Creative Distribution Automation Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-0.24.
The historical data trend for Beijing Creative Distribution Automation 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.
Beijing Creative Distribution Automation Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 1,006.91 | 982.08 | 950.80 | 795.50 | 592.56 |
Beijing Creative Distribution Automation 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 | 541.98 | 592.56 | 493.34 | 539.00 | 541.07 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Beijing Creative Distribution Automation 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 |
= | 541.066 | / | 497.643 | * | 91 |
= | 99.21 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Beijing Creative Distribution Automation Co's accounts receivable are only considered to be worth 75% of book value:
Beijing Creative Distribution Automation 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) | ||
= | (246.158 | + | 0.75 * 541.066 | + | 0.5 * 415.595 | - | 928.234 |
- | 0 | - | 59.21) | / | 542.331 | ||
= | -0.24 |
* 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.
Thank you for viewing the detailed overview of Beijing Creative Distribution Automation Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Shen Wei | Executives | |
Wang Jian | Executives | |
Liu Hou Di | Securities Affairs Representative | |
Zhu Ming | Executives | |
An Zhi Gang | Directors, executives | |
Zhang Xin Yu | Director | |
Guo Wen Liang | Secretary, Director | |
Li Jin Ming | Executives |
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