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Chongqing Fuling Zhacai Group Co (SZSE:002507) Accounts Receivable : ¥80 Mil (As of Mar. 2025)


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What is Chongqing Fuling Zhacai Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chongqing Fuling Zhacai Group Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥80 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chongqing Fuling Zhacai Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 10.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chongqing Fuling Zhacai Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥5.50.


Chongqing Fuling Zhacai Group Co Accounts Receivable Historical Data

The historical data trend for Chongqing Fuling Zhacai Group 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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Chongqing Fuling Zhacai Group Co Accounts Receivable Chart

Chongqing Fuling Zhacai Group 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 2.74 2.87 5.57 10.50 8.19

Chongqing Fuling Zhacai Group 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 160.13 98.49 140.36 8.19 79.64

Chongqing Fuling Zhacai Group Co Accounts Receivable Calculation

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


Chongqing Fuling Zhacai Group 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.

Chongqing Fuling Zhacai Group 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
=79.642/713.006*91
=10.19

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

Chongqing Fuling Zhacai Group 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)
=(6615.514+0.75 * 79.642+0.5 * 794.204-720.48
-0-0)/1153.919
=5.50

* 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.


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Chongqing Fuling Zhacai Group Co Business Description

Traded in Other Exchanges
N/A
Address
No 29 South Tiyu Road, Fuling District, Chongqing, CHN, 408000
Chongqing Fuling Zhacai Group Co Ltd operates in the Chinese appetizer industry. The company is engaged in the production and sale of mustard-related products in China. The company sells its products under the Wujiang brand name to chain stores such as such as Wal-Mart, Carrefour, supermarkets, convenience stores, farmer's markets, and other retail terminals. In addition, its products are exported to more than twelve countries including the European Union, the United States, Japan, and Hong Kong.
Executives
Wu Xiao Rong Directors, executives
Zhang Yong Executives
Zhao Ping Directors, executives
Zhou Bin Quan Director
Wei Yong Sheng Directors, Directors, and Executives
Xiang Wen Hao Director
Yuan Guo Sheng Directors, executives
He Yun Chuan Executives
Xiao Da Bo Supervisors
Nie Chuan Executives
Huang Zheng Kun Secretary, Director
Liu Jie Executives
Guo Xiang Ying Director
Mao Xiang Directors, executives
Zhang Xian Hai Executives

Chongqing Fuling Zhacai Group Co Headlines

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