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YingTong Telecommunication Co (SZSE:002861) Accounts Receivable : ¥147.1 Mil (As of Mar. 2024)


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What is YingTong Telecommunication Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YingTong Telecommunication Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥147.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YingTong Telecommunication Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 82.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YingTong Telecommunication Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.49.


YingTong Telecommunication Co Accounts Receivable Historical Data

The historical data trend for YingTong Telecommunication 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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YingTong Telecommunication Co Accounts Receivable Chart

YingTong Telecommunication 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 289.61 268.37 227.08 158.36 192.82

YingTong Telecommunication 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 130.87 191.32 251.25 192.82 147.12

YingTong Telecommunication Co Accounts Receivable Calculation

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


YingTong Telecommunication 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.

YingTong Telecommunication 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
=147.118/161.946*91
=82.90

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

YingTong Telecommunication 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)
=(377.423+0.75 * 147.118+0.5 * 102.051-770.007
-0-0)/155.553
=-1.49

* 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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YingTong Telecommunication Co (SZSE:002861) Business Description

Traded in Other Exchanges
N/A
Address
Xinta Community, Economic Development Zone, Tongcheng County, Hubei Province, Lishui, CHN, 437400
YingTong Telecommunication Co Ltd, formerly Hubei Yingtong Telecommunication Cable Co Ltd is a Chinese company engaged in offering solutions in the field of communication wire and electro-acoustic products. It is engaged in the research and development, production and sales of earphone wire, data cable, semi-finished earphone, earphone finished product, and smart wearables.
Executives
Zuo Gui Ming Director
Huang Hui Directors, executives
Wu Zhong Jia Executives
Xiao Jin Ming Director
Zuo Sun E Director

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