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Yimikang Tech Group Co (SZSE:300249) Accounts Receivable : ¥718 Mil (As of Mar. 2025)


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What is Yimikang Tech Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yimikang Tech Group Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥718 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yimikang Tech Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 205.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yimikang Tech Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.39.


Yimikang Tech Group Co Accounts Receivable Historical Data

The historical data trend for Yimikang Tech Group 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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Yimikang Tech Group Co Accounts Receivable Chart

Yimikang Tech Group 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 874.63 787.49 623.78 575.97 641.85

Yimikang Tech Group 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 628.47 636.17 603.42 641.85 718.01

Yimikang Tech Group Co Accounts Receivable Calculation

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


Yimikang Tech Group 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.

Yimikang Tech Group 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
=718.014/318.313*91
=205.83

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

Yimikang Tech Group 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)
=(230.855+0.75 * 718.014+0.5 * 299.388-1521.392
-0-8.375)/440.488
=-1.39

* 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.


Yimikang Tech Group Co Accounts Receivable Related Terms

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Yimikang Tech Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, South 2nd Road, Keyuan , High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
Yimikang Tech Group Co Ltd offers precision environment integrated solutions & services. It provides technology and solution services for IT construction, large healthcare construction, environmental governance and other cloud computing data centers. It operates in the business areas of the Information field, Medical field, and Environmental protection field. In the Information field, the company offers advanced products and total solutions in the fields of communication equipment, data center, smart building, and energy management. In the Medical field, it offers medical purification engineering, hospital's overall logistics system and medical equipment sales, and other services. Environmental protection consists of operation in the field of dust removal, desulfurization and out of stock.
Executives
Zhang Wan Directors, executives
Sun Jing Jing Directors, executives
Sun Yi Zheng Director
Wang Qian Executives
Zhang Min Securities Affairs Representative
Li Nian Supervisors
Zhou Shu Lan Directors, executives
Huang Jian Jun Executives
Xu Xiao Director
Song Bin Supervisors

Yimikang Tech Group Co Headlines

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