GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing SDL Technology Co Ltd (SZSE:002658) » Definitions » Accounts Receivable

Beijing SDL Technology Co (SZSE:002658) Accounts Receivable : ¥542 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Beijing SDL Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing SDL Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥542 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing SDL Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 213.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing SDL Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥2.54.


Beijing SDL Technology Co Accounts Receivable Historical Data

The historical data trend for Beijing SDL Technology 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.

Beijing SDL Technology Co Accounts Receivable Chart

Beijing SDL Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 424.02 454.31 509.56 595.22 612.07

Beijing SDL Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 588.04 574.36 578.57 612.07 541.85

Beijing SDL Technology Co Accounts Receivable Calculation

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


Beijing SDL Technology 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.

Beijing SDL Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=541.854/231.513*91
=213.57

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

Beijing SDL Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1391.511+0.75 * 541.854+0.5 * 475.074-416.743
-0-3.677)/635.761
=2.54

* 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.


Beijing SDL Technology Co Accounts Receivable Related Terms

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


Beijing SDL Technology Co (SZSE:002658) Business Description

Traded in Other Exchanges
N/A
Address
No.3, Hi-tech 3 street, Beijing International Information Industry Base, Huilongguan, Changping district, Beijing, CHN
Beijing SDL Technology Co Ltd is an environmental monitoring corporation in China. The company is organized around five major business areas: environmental monitoring, intelligent environmental information systems, environmental solutions, process analytics, and third-party testing, maintenance, and service. The company also provide customers with tailor-made integrated solutions for continuous monitoring, automatic control, operation, and maintenance. The company's products are widely used for emissions and air quality monitoring and process analytical solutions in governmental programs and various industries including environmental, power, cement, iron and steel, air separation, and petrochemical.

Beijing SDL Technology Co (SZSE:002658) Headlines

No Headlines