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Nanjing Quanxin Cable Technology Co (SZSE:300447) Accounts Receivable : ¥920.3 Mil (As of Mar. 2025)


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What is Nanjing Quanxin Cable Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nanjing Quanxin Cable Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥920.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nanjing Quanxin Cable Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 434.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nanjing Quanxin Cable Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥2.03.


Nanjing Quanxin Cable Technology Co Accounts Receivable Historical Data

The historical data trend for Nanjing Quanxin Cable 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.

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Nanjing Quanxin Cable Technology Co Accounts Receivable Chart

Nanjing Quanxin Cable Technology 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 323.92 421.77 621.95 822.03 914.31

Nanjing Quanxin Cable Technology 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 968.56 1,125.07 1,155.29 914.31 920.30

Nanjing Quanxin Cable Technology Co Accounts Receivable Calculation

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


Nanjing Quanxin Cable 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.

Nanjing Quanxin Cable Technology 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
=920.296/193.309*91
=434.42

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

Nanjing Quanxin Cable Technology 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)
=(196.91+0.75 * 920.296+0.5 * 547.291-526.349
-0-0)/312.310
=2.03

* 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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Nanjing Quanxin Cable Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Hanzhongmen Street, 12th Floor, Building 01, No. 301, Gulou District, Nanjing, CHN, 210036
Nanjing Quanxin Cable Technology Co Ltd is high-tech enterprise specializing in the research and development and production of military photoelectric transmission products and providing technical solutions for photoelectric transmission systems. Its product includes Photoelectric cables and components, Optical devices and modules, Photoelectric control products. Its products cover five military fields, including aviation, aerospace, shipbuilding, weapons, and electronics.
Executives
Ding Ran Director
Chen Xiang Lou Directors, executives
Han Zi Yi Director
He Liang Executives
Bian Xiao Ming Executives
Fang Jin Directors, executives

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