GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hitevision Co Ltd (SZSE:002955) » Definitions » Accounts Receivable

Hitevision Co (SZSE:002955) Accounts Receivable : ¥344 Mil (As of Mar. 2025)


View and export this data going back to 2019. Start your Free Trial

What is Hitevision Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hitevision Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥344 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hitevision Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 61.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hitevision Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥4.69.


Hitevision Co Accounts Receivable Historical Data

The historical data trend for Hitevision 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.

Hitevision Co Accounts Receivable Chart

Hitevision 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 606.92 762.26 403.12 407.21 388.02

Hitevision 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 324.11 650.74 434.72 388.02 343.91

Hitevision Co Accounts Receivable Calculation

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


Hitevision 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.

Hitevision 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
=343.912/510.086*91
=61.52

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

Hitevision 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)
=(1861.153+0.75 * 343.912+0.5 * 868.439-1410.545
-0-32.628)/236.640
=4.69

* 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.


Hitevision Co Accounts Receivable Related Terms

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


Hitevision Co Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi 3rd Street, Room C1104, Block C, Haidian District, Beijing, CHN, 100085
Hitevision Co Ltd is engaged in the design, development, production and sales of intelligent interactive display products and intelligent audiovisual solutions.
Executives
Xie Fang Executives
Xia Liang Directors, executives
Sun Xiao Qiang Director
Long Xu Dong Directors, executives
Lan Jia Independent director
Xing Xiu Qing Director
Zhao Hong Chan Supervisors

Hitevision Co Headlines

No Headlines