GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rastar Group (SZSE:300043) » Definitions » Accounts Receivable

Rastar Group (SZSE:300043) Accounts Receivable : ¥241 Mil (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Rastar Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rastar Group's accounts receivables for the quarter that ended in Mar. 2025 was ¥241 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rastar Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 53.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rastar Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.68.


Rastar Group Accounts Receivable Historical Data

The historical data trend for Rastar Group'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.

Rastar Group Accounts Receivable Chart

Rastar Group 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 256.66 235.78 271.58 398.56 237.70

Rastar Group 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 362.88 355.25 331.80 237.70 240.92

Rastar Group Accounts Receivable Calculation

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


Rastar Group 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.

Rastar Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=240.918/414.41*91
=53.05

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

Rastar Group'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)
=(215.115+0.75 * 240.918+0.5 * 71.927-2526.952
-0--1.966)/1244.198
=-1.68

* 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.


Rastar Group Accounts Receivable Related Terms

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


Rastar Group Business Description

Traded in Other Exchanges
N/A
Address
Xiadao Road, Xinghui Industril Park, Guang-Feng Industrial Zone, Shanghua Town, Chenghai District, Guangdong Province, Shantou, CHN, 510627
Rastar Group is a Chinese company involved in the development, manufacturing, and sale of model cars in China. It also manufactures RC auto model, Die cast car, Ride-on products, and baby safety car seats. The company sells its products in China and also exports its products to the international countries.
Executives
Lu Zui Lan Executives
Chen Yan Sheng Director
Zheng Ze Feng Directors, executives
You Shi Li Supervisors
Peng Fei Supervisors
Liu Yu Ling Executives
Huang Wen Sheng Securities Affairs Representative
Chen Yue Ping Supervisors
Cheng You Liang Supervisors
Huang Ting Director
Yang Nong Secretary, Director
Li Chun Guang Executives
Chen Feng Director
Tu Xin Director

Rastar Group Headlines

No Headlines