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Dingli (SZSE:300050) Accounts Receivable : ¥190.4 Mil (As of Mar. 2024)


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What is Dingli Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dingli's accounts receivables for the quarter that ended in Mar. 2024 was ¥190.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dingli's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 242.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dingli's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.23.


Dingli Accounts Receivable Historical Data

The historical data trend for Dingli'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.

Dingli Accounts Receivable Chart

Dingli 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 653.16 576.79 407.87 244.59 181.50

Dingli 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 218.47 230.38 229.42 181.50 190.43

Dingli Accounts Receivable Calculation

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


Dingli 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.

Dingli's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=190.428/71.536*91
=242.91

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

Dingli'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)
=(200.712+0.75 * 190.428+0.5 * 40.219-240.238
-0--0.72)/544.847
=0.23

* 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.


Dingli Accounts Receivable Related Terms

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Dingli (SZSE:300050) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Science and Technology Road 5, 1st Floor, Gangwan Avenue, Guangdong Province, Zhuhai, CHN, 519085
Dingli Corp Ltd is a China-based company engaged in providing wireless network optimization, testing, and planning services in China. It also produces equipment for communications carriers. The company has a business presence in China and other international countries. It offers pilot pioneer drive test solution, handheld test solution, autonomous platform products, and others.
Executives
Ren Huan Xuan Supervisors
Wang Yun Directors, executives
Wang Li Ping Director
Ye Bin Director
Zhang Ying Hai Independent director
Chen Hong Executives
Yu Da Fa Directors, executives
Xu Ze Quan Executives
Cao Ji Dong Directors, executives
Liu Yu Song Supervisors
Ye Ming Directors, executives
Cao Xue Shan Executives
Chen Yong Executives
Zhu Wang Geng Executives

Dingli (SZSE:300050) Headlines

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