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Sumavision Technologies Co (SZSE:300079) Accounts Receivable : ¥165.3 Mil (As of Mar. 2024)


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What is Sumavision Technologies Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sumavision Technologies Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥165.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sumavision Technologies Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 149.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sumavision Technologies Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.49.


Sumavision Technologies Co Accounts Receivable Historical Data

The historical data trend for Sumavision Technologies 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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Sumavision Technologies Co Accounts Receivable Chart

Sumavision Technologies 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 471.00 397.00 289.36 353.33 190.14

Sumavision Technologies 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 327.92 287.18 195.20 190.14 165.34

Sumavision Technologies Co Accounts Receivable Calculation

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


Sumavision Technologies 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.

Sumavision Technologies 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
=165.339/101.224*91
=149.05

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

Sumavision Technologies 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)
=(2184.865+0.75 * 165.339+0.5 * 233.399-296.652
-0-1.976)/1427.52
=1.49

* 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.


Sumavision Technologies Co Accounts Receivable Related Terms

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Sumavision Technologies Co (SZSE:300079) Business Description

Traded in Other Exchanges
N/A
Address
Sumavision Plaza, No.15 KaiTuo Road, Shangdi Information and Industry Base, Haidian District, Beijing, CHN, 100085
Sumavision Technologies Co Ltd is a global video and broadband solutions provider. It is engaged in the research, development, production and technical services of digital television software and hardware products. The company's products include DTV Head-end Hardware; Encoding and Transcoding; IPTV/OTT Head-end; Access Network and IPTV/OTT Terminal.
Executives
Zheng Hai Tao Directors, executives
Shi Dong Jing Directors, executives
Sun Peng Cheng Directors, executives
Yao Zhi Jian Secretary Dong
Feng Tao Securities Affairs Representative
Wang Wan Chun Directors, executives
Su Yu Wen Executives
Zhang Gang Directors, executives
Zhou Xin Supervisors
Zhang Huai Yu Directors, executives
Dai Yan Dong Securities Affairs Representative
Liu Jian Bo Independent director
Peng Qiu He Director

Sumavision Technologies Co (SZSE:300079) Headlines

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