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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CEC Environmental Protection Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥802.8 Mil.
Accounts receivable can be measured by Days Sales Outstanding. CEC Environmental Protection Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 420.36.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CEC Environmental Protection Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥0.90.
The historical data trend for CEC Environmental Protection 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.
CEC Environmental Protection Co Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial |
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643.64 | 625.80 | 735.30 | 749.95 | 814.79 |
CEC Environmental Protection 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 |
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680.78 | 650.39 | 687.04 | 814.79 | 802.78 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
CEC Environmental Protection 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 |
= | 802.779 | / | 174.262 | * | 91 |
= | 420.36 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), CEC Environmental Protection Co's accounts receivable are only considered to be worth 75% of book value:
CEC Environmental Protection 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) | ||
= | (821.637 | + | 0.75 * 802.779 | + | 0.5 * 102.715 | - | 815.325 |
- | 0 | - | 48.664) | / | 676.710 | ||
= | 0.90 |
* 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.
Thank you for viewing the detailed overview of CEC Environmental Protection Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Yuan Jin Mei | Executives | |
Guo Pei Zhi | Executives | |
Lin Hui Sheng | Director | |
Shu Mei Hong | Executives | |
Zhang Wei | Executives | |
Qiu Jia Yun | Securities Affairs Representative | |
Wang Zheng Fu | Director | |
Wang Jun Jian | Supervisors | |
Zhou Gu Ping | Director | |
Chen Yu Wei | Supervisors | |
Cao Zhi Yong | Supervisors | |
Zhu Lai Song | Directors, executives | |
Qu Peng | Executives | |
Chou Xiang Yang | Independent director | |
Cao Ming Hua | Supervisors |
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