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Yonker Environmental Protection Co (SZSE:300187) Accounts Receivable : ¥415.5 Mil (As of Sep. 2024)


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What is Yonker Environmental Protection Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yonker Environmental Protection Co's accounts receivables for the quarter that ended in Sep. 2024 was ¥415.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yonker Environmental Protection Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 208.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yonker Environmental Protection Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-2.91.


Yonker Environmental Protection Co Accounts Receivable Historical Data

The historical data trend for Yonker 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.

* Premium members only.

Yonker Environmental Protection Co Accounts Receivable Chart

Yonker Environmental Protection 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 310.53 472.29 390.17 357.69 368.59

Yonker Environmental Protection Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 378.71 368.59 398.47 403.03 415.49

Yonker Environmental Protection Co Accounts Receivable Calculation

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


Yonker Environmental Protection 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.

Yonker Environmental Protection Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=415.486/182.101*91
=208.20

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

Yonker Environmental Protection Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(230.33+0.75 * 415.486+0.5 * 37.876-2428.39
-0-13.595)/645.622
=-2.91

* 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.


Yonker Environmental Protection Co Accounts Receivable Related Terms

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Yonker Environmental Protection Co Business Description

Traded in Other Exchanges
N/A
Address
Next to National Highway 319, National Biomedical Industrial Base of Liuyang City, Hunan Province, Changsha, CHN, 410329
Yonker Environmental Protection Co Ltd is an environmental protection industry chain in China. Its business covers soil remediation, water environment treatment, solid (critical) waste treatment, air pollution control, environmental consulting, clean energy, equipment manufacturing, environmental testing and other environmental protection fields.
Executives
Long Qi Directors, executives
Wang Feng Director
Dai Xin Xi Directors, executives
Xiao Ming Zhi Director
Liu Dai Huan Director
Ma Ming Feng Directors, executives
Ye Hui Executives
Liu Min Executives
Liu Zheng Jun Directors, executives
Chen Ai Jun Supervisors
Gong Wei Cheng Supervisors
Li Shu Cheng Supervisors
Liu Jia Directors, executives
Feng Yan Lin Directors, executives
Shen Xiao Dong Directors, executives

Yonker Environmental Protection Co Headlines

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