GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Puyang Huicheng Electronic Material Co Ltd (SZSE:300481) » Definitions » Accounts Receivable

Puyang Huicheng Electronic Material Co (SZSE:300481) Accounts Receivable : ¥236 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Puyang Huicheng Electronic Material Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Puyang Huicheng Electronic Material Co's accounts receivables for the quarter that ended in Dec. 2024 was ¥236 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Puyang Huicheng Electronic Material Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 65.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Puyang Huicheng Electronic Material Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥2.92.


Puyang Huicheng Electronic Material Co Accounts Receivable Historical Data

The historical data trend for Puyang Huicheng Electronic Material 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.

Puyang Huicheng Electronic Material Co Accounts Receivable Chart

Puyang Huicheng Electronic Material 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 138.35 227.53 267.26 280.51 236.30

Puyang Huicheng Electronic Material Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 280.51 269.69 249.54 264.61 236.30

Puyang Huicheng Electronic Material Co Accounts Receivable Calculation

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


Puyang Huicheng Electronic Material 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.

Puyang Huicheng Electronic Material Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=236.303/327.055*91
=65.93

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

Puyang Huicheng Electronic Material Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1012.553+0.75 * 236.303+0.5 * 149.62-401.551
-0--0.372)/295.703
=2.92

* 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.


Puyang Huicheng Electronic Material Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Puyang Huicheng Electronic Material Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Puyang Huicheng Electronic Material Co Business Description

Traded in Other Exchanges
N/A
Address
West Section of Shengli Road, Henan Province, Puyang, CHN, 457000
Puyang Huicheng Electronic Material Co Ltd is specialized in research, production, and trade of acid anhydrides and other functional material intermediates. The company exports its products to Europe, America and Southeast Asia. The company also offers esters, acids, amines, and other products.
Executives
Zhang Guo Min Supervisors
Chen Shu Min Directors, Directors, and Executives
Cui Fu Min Executives
Wang Guo Qing Directors, executives
Liu Xiang Yang Supervisors
Zhao Zhi Yan Executives
Tian Wei Bo Executives
Wei Hong Gu Securities Affairs Representative

Puyang Huicheng Electronic Material Co Headlines

No Headlines