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Beijing Comens New Materials Co (SZSE:300200) Accounts Receivable : ¥273 Mil (As of Mar. 2025)


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What is Beijing Comens New Materials Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Comens New Materials Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥273 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Comens New Materials Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 87.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Comens New Materials Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-0.32.


Beijing Comens New Materials Co Accounts Receivable Historical Data

The historical data trend for Beijing Comens New Materials 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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Beijing Comens New Materials Co Accounts Receivable Chart

Beijing Comens New Materials 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 175.47 152.33 194.63 226.48 278.13

Beijing Comens New Materials 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 257.52 280.94 254.73 278.13 273.10

Beijing Comens New Materials Co Accounts Receivable Calculation

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


Beijing Comens New Materials 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 Comens New Materials 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
=273.098/286.167*91
=87.08

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

Beijing Comens New Materials 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)
=(278.703+0.75 * 273.098+0.5 * 124.722-661.088
-0-24.115)/430.973
=-0.32

* 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 Comens New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.8, Yanshan Industrial Zone, Fangshan District, Beijing, CHN, 102502
Beijing Comens New Materials Co Ltd is engaged in offering solutions for bonding, sealing, and protection in the field of soft packaging, assembling, construction, furniture, and building materials. The products of the company include Pu windscreen replacement adhesive sealant, PU sealant primer, and easy flowing timber, flooring adhesive.
Executives
Shi Xiang Qian Directors, executives
Wang Xiao Ping Executives
Chen Deng Yu Executives
Chen Xing Hua Executives
Li De Yu Executives
He Zhang Sheng Executives
Wang Zi Ping Director
Cao Xue Director
Chen Li Li Supervisors
Li Xiang Dong Supervisors
Zhang Yang Directors, executives
Luo Shan Guo Executives
Cong Bin Executives
Yu Qin Liang Supervisors
Deng Yu Dong Directors, executives

Beijing Comens New Materials Co Headlines

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