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Anhui Deli Household Glass Co (SZSE:002571) Accounts Receivable : ¥154 Mil (As of Mar. 2025)


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What is Anhui Deli Household Glass Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Anhui Deli Household Glass Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥154 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Anhui Deli Household Glass Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 37.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Anhui Deli Household Glass Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-4.12.


Anhui Deli Household Glass Co Accounts Receivable Historical Data

The historical data trend for Anhui Deli Household Glass 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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Anhui Deli Household Glass Co Accounts Receivable Chart

Anhui Deli Household Glass 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 110.17 116.77 120.54 123.81 163.08

Anhui Deli Household Glass 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 145.71 159.27 174.10 163.08 154.36

Anhui Deli Household Glass Co Accounts Receivable Calculation

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


Anhui Deli Household Glass 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.

Anhui Deli Household Glass 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
=154.36/372.13*91
=37.85

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

Anhui Deli Household Glass 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)
=(297.478+0.75 * 154.36+0.5 * 660.384-2338.31
-0-18.235)/391.951
=-4.12

* 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.


Anhui Deli Household Glass Co Accounts Receivable Related Terms

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Anhui Deli Household Glass Co Business Description

Traded in Other Exchanges
N/A
Address
Fengyang County Industrial Park, Anhui, Cangzhou, CHN, 233121
Anhui Deli Household Glass Co Ltd operates in glassware industry. The company is engaged in the manufacture and production of glassware products.
Executives
Peng Yu Xi Executives
Wei Shu Yun Supervisors
Yu Le Directors, Directors, and Executives
Shi Wei Dong Directors, executives
Peng Yi Director
Zhou Wei Zhong Executives
Huang Xiao Zu Supervisors
Yu Zhi Chun Directors, executives
Zhang Da Directors, executives
Zhang Bo Ping Director
Xiao Hu Director

Anhui Deli Household Glass Co Headlines

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