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CSG Smart Science and Technology Co (SZSE:300222) Accounts Receivable : ¥1,339 Mil (As of Mar. 2024)


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What is CSG Smart Science and Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CSG Smart Science and Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,339 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CSG Smart Science and Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 241.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CSG Smart Science and Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.08.


CSG Smart Science and Technology Co Accounts Receivable Historical Data

The historical data trend for CSG Smart Science and 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.

CSG Smart Science and Technology Co Accounts Receivable Chart

CSG Smart Science and 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 1,478.82 1,368.94 1,538.35 1,569.41 1,575.04

CSG Smart Science and 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 1,526.36 1,430.40 1,556.86 1,575.04 1,338.75

CSG Smart Science and Technology Co Accounts Receivable Calculation

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


CSG Smart Science and 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.

CSG Smart Science and 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
=1338.746/505.702*91
=241.57

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

CSG Smart Science and 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)
=(731.577+0.75 * 1338.746+0.5 * 849.732-2986.717
-0-18.001)/780.242
=-1.08

* 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.


CSG Smart Science and Technology Co Accounts Receivable Related Terms

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CSG Smart Science and Technology Co (SZSE:300222) Business Description

Traded in Other Exchanges
N/A
Address
No. 456, Bibo Road, Zhangjiang High Tech, Pudong District, Shanghai, CHN, 201203
CSG Smart Science and Technology Co Ltd is engaged in the manufacturing of high-end equipment and smart distribution networks in China. It primarily focuses on improving the product quality, enhancing work safety, and reducing energy consumption and environmental pollution for customers in such areas as automaking, new energy, electrical equipment, rail transportation, and the war industry. It offers smart factory total solution to enhance production efficiency, welding products, intelligent logistics products, various other Service and special robots. Geographically it operates through China.
Executives
Yang Rui Jun Director
Zhang Bin Supervisors
Lu Ying Directors, executives
Wang Jia Lun Securities Affairs Representative
Mu Jun Bai Directors, executives
Ren Jian Fu Supervisors
Liu Xiao Jing Supervisors
Pan Jin Ping Executives
Chen Jian Director
Yao Yao Directors, executives
Xu Cong Wei Independent director
Huang Ming Song Directors, executives
Wang Ting Ting Supervisors
Lu Bing Director
Tao Wei Qing Supervisors

CSG Smart Science and Technology Co (SZSE:300222) Headlines

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