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Beijing Jetsen Technology Co (SZSE:300182) Accounts Receivable : ¥1,831 Mil (As of Mar. 2024)


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What is Beijing Jetsen Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Jetsen Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,831 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Jetsen Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 247.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Jetsen Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.38.


Beijing Jetsen Technology Co Accounts Receivable Historical Data

The historical data trend for Beijing Jetsen Technology 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.

Beijing Jetsen Technology Co Accounts Receivable Chart

Beijing Jetsen Technology 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 2,428.96 1,488.95 969.31 1,015.61 1,685.50

Beijing Jetsen Technology 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 1,398.81 1,589.79 1,625.49 1,685.50 1,830.50

Beijing Jetsen Technology Co Accounts Receivable Calculation

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


Beijing Jetsen Technology 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 Jetsen Technology 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
=1830.504/675.994*91
=247.09

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

Beijing Jetsen Technology 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)
=(126.566+0.75 * 1830.504+0.5 * 336.129-2669.312
-0-0.194)/2663.83
=-0.38

* 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 Jetsen Technology Co (SZSE:300182) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Zhichun Road, 7th Floor, International Building, 7/F Xueyuan International Tower, Haidian District, Beijing, CHN
Beijing Jetsen Technology Co Ltd is engaged in the design, development, and implementation of the overall audio and video solutions. It mainly focuses on the broadcasting industry.
Executives
Mi Xin Director
Xu Zi Quan Director
Jing Cuo Executives
Wang You Song Independent director
Han Sheng Li Director
Chen Tong Gang Directors, executives
Zhang Wen Ju Executives
Han Gang Director
Shen Gang Executives
Yuan Fang Securities Affairs Representative
Yue Yang Director
Zhuang Bing Executives
Xue Jun Feng Director
Wei Ming Yue Supervisors
Wang Xiao Bin Executives

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