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Focused Photonics (Hangzhou) (SZSE:300203) Accounts Receivable : ¥838 Mil (As of Mar. 2025)


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What is Focused Photonics (Hangzhou) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Focused Photonics (Hangzhou)'s accounts receivables for the quarter that ended in Mar. 2025 was ¥838 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Focused Photonics (Hangzhou)'s Days Sales Outstanding for the quarter that ended in Mar. 2025 was 139.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Focused Photonics (Hangzhou)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-7.89.


Focused Photonics (Hangzhou) Accounts Receivable Historical Data

The historical data trend for Focused Photonics (Hangzhou)'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.

Focused Photonics (Hangzhou) Accounts Receivable Chart

Focused Photonics (Hangzhou) 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 1,412.23 1,309.36 1,110.65 904.91 872.01

Focused Photonics (Hangzhou) 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 902.64 950.68 929.79 872.01 838.27

Focused Photonics (Hangzhou) Accounts Receivable Calculation

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


Focused Photonics (Hangzhou) 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.

Focused Photonics (Hangzhou)'s Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=838.272/547.289*91
=139.77

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

Focused Photonics (Hangzhou)'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)
=(1318.032+0.75 * 838.272+0.5 * 1339.946-5889.203
-0-268.239)/448.738
=-7.89

* 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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Focused Photonics (Hangzhou) Business Description

Traded in Other Exchanges
N/A
Address
459 Qian'mo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Focused Photonics (Hangzhou) Inc. is engaged in R&D, manufacture, and distribution of instruments which are widely used in safety monitoring and environmental protection. It measures gas, air, dust, and water. The company offers its products for use in marine, engine, refinery, chemical, natural gas, iron and steel, power plant, waste incineration, cement, and emission applications. Its products are well known in China and distributed worldwide.
Executives
Gu Hai Tao Director
Han Shuang Lai Directors, executives
Wei Jun Zheng Supervisors
Yao Na Xin Directors, executives
Wang Jian Directors, executives
Sun You Xian Independent director

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