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China Harzone Industry (SZSE:300527) Accounts Receivable : ¥283 Mil (As of Mar. 2025)


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What is China Harzone Industry Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China Harzone Industry's accounts receivables for the quarter that ended in Mar. 2025 was ¥283 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China Harzone Industry's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 250.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China Harzone Industry's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥0.73.


China Harzone Industry Accounts Receivable Historical Data

The historical data trend for China Harzone Industry'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.

China Harzone Industry Accounts Receivable Chart

China Harzone Industry 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 401.02 360.46 455.66 117.35 500.87

China Harzone Industry 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 105.58 194.79 485.34 500.87 283.10

China Harzone Industry Accounts Receivable Calculation

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


China Harzone Industry 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.

China Harzone Industry's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=283.096/102.957*91
=250.91

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

China Harzone Industry'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)
=(1472.578+0.75 * 283.096+0.5 * 174.516-1053.15
-0-0)/986.823
=0.73

* 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.


China Harzone Industry Accounts Receivable Related Terms

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China Harzone Industry Business Description

Traded in Other Exchanges
N/A
Address
No.5 Yangguang Street, Miaoshan Development Zone, Jiangxia District, Wuhan, Hubei, CHN, 430223
China Harzone Industry Corp Ltd is engaged in the research and manufacturing of emergency traffic engineering equipment. It offers emergency traffic equipment and products for army battles and rescue and relief work. The company also provides traffic solutions and services for the construction of civil projects. The business and products of the company involve four fields, namely emergency traffic engineering equipment, special purpose equipment, special purpose vehicles and project contracting. Its products are floating bridges, mobile wharfs, mechanized bridges, large-span rapid bridges, rapid pavement, girders for railway recovery, assembled highway steel bridges, and others. The company sells its products in China and also exports it to the other international countries.
Executives
Yu Ya Ping Executives
Yang Yuan Feng Supervisors

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