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Silkroad Vision Technology Co (SZSE:300556) Accounts Receivable : ¥580 Mil (As of Jun. 2024)


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What is Silkroad Vision Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silkroad Vision Technology Co's accounts receivables for the quarter that ended in Jun. 2024 was ¥580 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Silkroad Vision Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 255.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Silkroad Vision Technology Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-1.54.


Silkroad Vision Technology Co Accounts Receivable Historical Data

The historical data trend for Silkroad Vision 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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Silkroad Vision Technology Co Accounts Receivable Chart

Silkroad Vision 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 344.21 359.52 501.01 553.63 655.61

Silkroad Vision 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 587.61 696.29 655.61 575.89 580.03

Silkroad Vision Technology Co Accounts Receivable Calculation

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


Silkroad Vision 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.

Silkroad Vision 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
=580.034/207.419*91
=255.17

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

Silkroad Vision 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)
=(437.191+0.75 * 580.034+0.5 * 72.469-1098.362
-0--2.461)/121.473
=-1.54

* 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.


Silkroad Vision Technology Co Accounts Receivable Related Terms

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Silkroad Vision Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000
Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.
Executives
Wang Yu Secretary Dong
Wang Jun Ping Director
Wang Xiu Qin Directors, executives
Tian Wan Jun Executives
Hu Jing Hua Director
Yue Feng Executives
Li Meng Di Directors, executives
Li Peng Hui Directors, executives
Ding Peng Qing Executives
Kang Yu Lu Executives
Xiang Lan Di Supervisors
Wang Dan Executives
He Tao Executives
Pei Ge Xin Directors, executives
Dong Hai Ping Director

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