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Beijing eGova Co (SZSE:300075) Accounts Receivable : ¥1,734.8 Mil (As of Sep. 2024)


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What is Beijing eGova Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing eGova Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥1,734.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing eGova Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 995.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing eGova Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥3.44.


Beijing eGova Co Accounts Receivable Historical Data

The historical data trend for Beijing eGova 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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Beijing eGova Co Accounts Receivable Chart

Beijing eGova 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 968.02 1,072.42 1,273.34 1,546.93 1,584.88

Beijing eGova Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,870.46 1,584.88 1,708.54 1,773.21 1,734.79

Beijing eGova Co Accounts Receivable Calculation

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


Beijing eGova 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.

Beijing eGova Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1734.792/158.958*91
=995.86

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

Beijing eGova Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1557.665+0.75 * 1734.792+0.5 * 185.514-803.292
-0-10.24)/621.13
=3.44

* 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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Beijing eGova Co Business Description

Traded in Other Exchanges
N/A
Address
No 42 Xizhimen Energy Building North Street, 8th Floor Block A, Haidian, Beijing, CHN, 100082
Beijing eGova Co Ltd is a high-tech software company. It provides solutions in the digital city management, innovation and social management, intelligent transportation, and safe city fields in China. The company offers digital city management software and a grid of social service management systems; digital law enforcement management software and systems; three-dimensional imaging and mobile road measurement systems.
Executives
Qiu Lu Min Directors, executives
Wang Dong Directors, executives
Feng Zhang Hao Executives
Wang Hong Shen Directors, executives
Li Xin Supervisors
Wu Qiang Hua Director
Hu Huan Yu Director
Yin Xiao Min Executives
Zhu Hua Directors, executives
Xu Fei Supervisors, securities affairs representatives
Liu Xian Lin Independent director
Li Guo Zhong Director
Xu Xin Directors, executives
Zhang Lei Supervisors

Beijing eGova Co Headlines

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