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Wenzhou Hongfeng Electrical Alloy Co (SZSE:300283) Accounts Receivable : ¥365 Mil (As of Mar. 2025)


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What is Wenzhou Hongfeng Electrical Alloy Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wenzhou Hongfeng Electrical Alloy Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥365 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wenzhou Hongfeng Electrical Alloy Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 44.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wenzhou Hongfeng Electrical Alloy Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-3.94.


Wenzhou Hongfeng Electrical Alloy Co Accounts Receivable Historical Data

The historical data trend for Wenzhou Hongfeng Electrical Alloy 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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Wenzhou Hongfeng Electrical Alloy Co Accounts Receivable Chart

Wenzhou Hongfeng Electrical Alloy 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 350.28 256.65 311.25 363.19 395.79

Wenzhou Hongfeng Electrical Alloy 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 334.03 400.61 346.55 395.79 365.37

Wenzhou Hongfeng Electrical Alloy Co Accounts Receivable Calculation

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


Wenzhou Hongfeng Electrical Alloy 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.

Wenzhou Hongfeng Electrical Alloy 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
=365.372/756.573*91
=44.07

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

Wenzhou Hongfeng Electrical Alloy 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)
=(113.792+0.75 * 365.372+0.5 * 905.377-2517.621
-0-45.932)/437.282
=-3.94

* 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.


Wenzhou Hongfeng Electrical Alloy Co Accounts Receivable Related Terms

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Wenzhou Hongfeng Electrical Alloy Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5600, Oujin Avenue, Oujiangkou Industrial Cluster Zone, Zhejiang Province, Wenzhou, CHN, 325026
Wenzhou Hongfeng Electrical Alloy Co Ltd is engaged as manufacturer and supplier of electrical contact materials. The products of the company includes structured electrical contact materials, composite clad electrical contact materials, electrical contact assemblies.
Executives
Chen Xiao Directors, executives
Yu Jin Jie Supervisors
Xu Ying Jie Director
Zhou Qing Qing Executives

Wenzhou Hongfeng Electrical Alloy Co Headlines

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