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Shenzhen Emperor Technology Co (SZSE:300546) Accounts Receivable : ¥189.3 Mil (As of Jun. 2024)


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What is Shenzhen Emperor Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shenzhen Emperor Technology Co's accounts receivables for the quarter that ended in Jun. 2024 was ¥189.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shenzhen Emperor Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 135.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shenzhen Emperor Technology Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥3.30.


Shenzhen Emperor Technology Co Accounts Receivable Historical Data

The historical data trend for Shenzhen Emperor 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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Shenzhen Emperor Technology Co Accounts Receivable Chart

Shenzhen Emperor Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.97 231.53 243.17 173.43 158.59

Shenzhen Emperor Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 176.27 156.73 158.59 168.27 189.33

Shenzhen Emperor Technology Co Accounts Receivable Calculation

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


Shenzhen Emperor 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.

Shenzhen Emperor Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=189.334/127.752*91
=135.24

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

Shenzhen Emperor Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(554.94+0.75 * 189.334+0.5 * 199.137-183.989
-0-0)/185.525
=3.30

* 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.


Shenzhen Emperor Technology Co Accounts Receivable Related Terms

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Shenzhen Emperor Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Building 1, Software Industry Base, 9th Floor, Block C, Nanshan District, Shenzhen, CHN, 518000
Shenzhen Emperor Technology Co Ltd is engaged in the production and sale of equipment, customized software and systems for secure ID and smart card issuance, smart card fare payment, and rail transit in China.
Executives
Gao Jing Director
Lv Fen Qi Executives
Xie Xiang Yu Directors, executives
Chen Xian Biao Directors, executives
Zheng Song Directors, executives
Xue Feng Executives
Ge Wen Long Directors, executives
Jia Li Qiang Director
Yang Da Wei Director
Liu Xiu Fang Securities Affairs Representative
Tang Xiao Hong Supervisors
Lin Hui Independent director

Shenzhen Emperor Technology Co Headlines

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