GURUFOCUS.COM » STOCK LIST » Technology » Software » Brilliance Technology Co Ltd (SZSE:300542) » Definitions » Accounts Receivable

Brilliance Technology Co (SZSE:300542) Accounts Receivable : ¥325 Mil (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Brilliance Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brilliance Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥325 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brilliance Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 238.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brilliance Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥0.12.


Brilliance Technology Co Accounts Receivable Historical Data

The historical data trend for Brilliance 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.

* Premium members only.

Brilliance Technology Co Accounts Receivable Chart

Brilliance 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 299.14 316.36 466.34 542.09 387.35

Brilliance 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 554.60 501.28 469.91 387.35 324.68

Brilliance Technology Co Accounts Receivable Calculation

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


Brilliance 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.

Brilliance 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
=324.676/124.31*91
=238.33

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

Brilliance 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)
=(361.146+0.75 * 324.676+0.5 * 248.47-687.507
-0-6.2)/298.560
=0.12

* 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.


Brilliance Technology Co Accounts Receivable Related Terms

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


Brilliance Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Landianchang East Road, Floor 8, Block B, Building 2, Jinyuan Times Business Center, Haidian District, Beijing, CHN, 100097
Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions and IT services.
Executives
Zhang Yan Sheng Directors, executives
Kang Lu Director
Tang Ruo Mei Supervisors
Yang Han Jie Director
Yu Ke Jian Directors, executives
Zhang Da Xin Directors, executives
Li Fu Hua Director
Ding Fei Securities Affairs Representative

Brilliance Technology Co Headlines

No Headlines