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Tianjin Jingwei Huikai Optoelectronic Co (SZSE:300120) Accounts Receivable : ¥815 Mil (As of Mar. 2025)


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What is Tianjin Jingwei Huikai Optoelectronic Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tianjin Jingwei Huikai Optoelectronic Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥815 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tianjin Jingwei Huikai Optoelectronic Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 126.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tianjin Jingwei Huikai Optoelectronic Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥0.28.


Tianjin Jingwei Huikai Optoelectronic Co Accounts Receivable Historical Data

The historical data trend for Tianjin Jingwei Huikai Optoelectronic 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.

Tianjin Jingwei Huikai Optoelectronic Co Accounts Receivable Chart

Tianjin Jingwei Huikai Optoelectronic Co 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 768.95 764.61 659.96 678.80 686.88

Tianjin Jingwei Huikai Optoelectronic Co 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 690.26 693.93 766.43 686.88 815.11

Tianjin Jingwei Huikai Optoelectronic Co Accounts Receivable Calculation

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


Tianjin Jingwei Huikai Optoelectronic 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.

Tianjin Jingwei Huikai Optoelectronic Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=815.11/587.316*91
=126.64

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

Tianjin Jingwei Huikai Optoelectronic Co'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)
=(849.114+0.75 * 815.11+0.5 * 786.308-1685.807
-0-5.47)/574.394
=0.28

* 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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Tianjin Jingwei Huikai Optoelectronic Co Business Description

Traded in Other Exchanges
N/A
Address
12 Wanggang Road, Tianjin, CHN, 300350
Tianjin Jingwei Huikai Optoelectronic Co Ltd is a China-based company engages in the research and development, manufacture, and sale of electromagnetic wire products. It provides aluminum magnet, enameled round copper, enameled rectangular copper/aluminum, film wrapped, glass-fiber wrapped, paper covered, twist aluminum, combined, and continuous transposed conductor wires.
Executives
Dong Shu Lin Director
Jiang Hai Qing Directors, executives
Zhang Guo Xiang Directors, executives
Lv Jing Kun Director
Zhang Qiu Feng Directors, Directors, and Executives
Huang Yue Jun Securities Affairs Representative
Han Gui Lu Securities Affairs Representative
Lin Ze Qiang Director
Zhao Yun Chao Director
Zhang De Shun Directors, executives
Li Jian Cheng Executives

Tianjin Jingwei Huikai Optoelectronic Co Headlines

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