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Lingda Group Co (SZSE:300125) Accounts Receivable : ¥165.01 Mil (As of Mar. 2025)


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What is Lingda Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lingda Group Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥165.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lingda Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 5,270.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lingda Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-5.26.


Lingda Group Co Accounts Receivable Historical Data

The historical data trend for Lingda 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.

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Lingda Group Co Accounts Receivable Chart

Lingda Group 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 218.69 180.60 188.65 177.92 165.58

Lingda Group 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 179.23 180.06 178.00 165.58 165.01

Lingda Group Co Accounts Receivable Calculation

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


Lingda 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.

Lingda Group 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
=165.012/2.857*91
=5,270.33

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

Lingda Group 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)
=(13.502+0.75 * 165.012+0.5 * 21.069-1556.687
-0--0.946)/267.600
=-5.26

* 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.


Lingda Group Co Accounts Receivable Related Terms

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Lingda Group Co Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, Block B, No. 32A, Huoju Road, High-tech Industrial Park, Liaoning, Dalian, CHN, 116023
Lingda Group Co Ltd, formerly Dalian East New Energy Development Co Ltd is engaged in the research and development of technology, engineering, design, equipment manufacture, project construction, and operation and management in new energy development, ecological environment improvement, and energy conservation.
Executives
Qiu Zhi Hua Executives
Han Jia Hou Directors, executives
Zhao Kai Xin Supervisors
Liu Zhen Dong Director
He Qi Xian Director
Liu Yan Jun Director
Tang Jin Quan Directors, executives
Ceng Xue Min Independent director
Zhang Jun Directors, executives
Zhang Yuan Executives
Yan Ke Wei Director
Liang Yu Qiang Executives
Han Zhi Yong Supervisors
Han Zhong Huan Executives
He Yong Gui Director

Lingda Group Co Headlines

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