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Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Accounts Receivable : ¥142.2 Mil (As of Mar. 2025)


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What is Transportation Telecommunication & Information Dev Zhejiang Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Transportation Telecommunication & Information Dev Zhejiang's accounts receivables for the quarter that ended in Mar. 2025 was ¥142.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Transportation Telecommunication & Information Dev Zhejiang's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 227.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Transportation Telecommunication & Information Dev Zhejiang's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.35.


Transportation Telecommunication & Information Dev Zhejiang Accounts Receivable Historical Data

The historical data trend for Transportation Telecommunication & Information Dev Zhejiang'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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Transportation Telecommunication & Information Dev Zhejiang Accounts Receivable Chart

Transportation Telecommunication & Information Dev Zhejiang 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 334.88 265.60 170.97 124.53 120.37

Transportation Telecommunication & Information Dev Zhejiang 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 125.31 138.70 133.62 120.37 142.18

Transportation Telecommunication & Information Dev Zhejiang Accounts Receivable Calculation

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


Transportation Telecommunication & Information Dev Zhejiang 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.

Transportation Telecommunication & Information Dev Zhejiang's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=142.181/57.084*91
=227.28

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Transportation Telecommunication & Information Dev Zhejiang's accounts receivable are only considered to be worth 75% of book value:

Transportation Telecommunication & Information Dev Zhejiang'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)
=(198.567+0.75 * 142.181+0.5 * 89.924-598.345
-0-87.025)/248.239
=-1.35

* 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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Transportation Telecommunication & Information Dev Zhejiang Business Description

Traded in Other Exchanges
N/A
Address
No. 6011, Songze Avenue, Qingpu, Shanghai, CHN, 314050
Transportation Telecommunication & Information Dev Inc Ltd Zhejiang Formerly Trust Alliance Information Development Inc Ltd Shanghai is engaged in provision of information system development and services in the fields of archives, food circulation traceability, politics and law. It provides customers with related overall solutions such as information system planning consultation, software and hardware product development, system integration, operation maintenance and promotion.
Executives
Zhang Shu Hua Directors, executives
Liu Li Zhou Director
Li Zhi Qing Director
Xu Yun Wei Directors, executives
Yang An Rong Directors, executives
Zhang Ying Directors, executives
Chen Ruo Chu Supervisors

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