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BlueFocus Communication Group Co (SZSE:300058) Accounts Receivable : ¥10,814 Mil (As of Mar. 2024)


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What is BlueFocus Communication Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BlueFocus Communication Group Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥10,814 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BlueFocus Communication Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BlueFocus Communication Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.59.


BlueFocus Communication Group Co Accounts Receivable Historical Data

The historical data trend for BlueFocus Communication Group 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.

BlueFocus Communication Group Co Accounts Receivable Chart

BlueFocus Communication Group 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 7,213.98 9,137.46 6,826.41 7,317.15 10,379.73

BlueFocus Communication Group 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 7,820.97 8,867.25 9,904.65 10,379.73 10,814.22

BlueFocus Communication Group Co Accounts Receivable Calculation

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


BlueFocus Communication Group 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.

BlueFocus Communication Group 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
=10814.215/15781.723*91
=62.53

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

BlueFocus Communication Group 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)
=(4045.93+0.75 * 10814.215+0.5 * 6.374-13629.506
-0--4.571)/2487.54
=-0.59

* 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.


BlueFocus Communication Group Co Accounts Receivable Related Terms

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BlueFocus Communication Group Co (SZSE:300058) Business Description

Traded in Other Exchanges
N/A
Address
C9, Universal Creative Park, Chaoyang District, Beijing, CHN, 100015
BlueFocus Communication Group Co Ltd provides marketing and brand management services in China and internationally. It offers marketing and brand management services across various disciplines, including strategy, digital, advertising, media, social, PR, design, branding, CRM, data, e-commerce, and mobile solutions to various multinational companies and Chinese enterprises, such as IT, automobile, consumer goods, real estate, finance, and entertainment industries.
Executives
Pan An Min Directors, executives
Xiong Jian Directors, executives
Luo Lu Supervisors
Jiang Xi Liang Director
Xu Zhi Ping Directors, Directors, and Executives
Zhao Wen Quan Directors, executives
Wu Tie Director
Chen Jian Hong Executives
Mao Yu Hui Director
Liu Lu Supervisors
Tian Wen Kai Executives

BlueFocus Communication Group Co (SZSE:300058) Headlines

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