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Guangdong Xiongsu Technology Group Co (SZSE:300599) Accounts Receivable : ¥215 Mil (As of Mar. 2025)


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What is Guangdong Xiongsu Technology Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guangdong Xiongsu Technology Group Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥215 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guangdong Xiongsu Technology Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 89.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guangdong Xiongsu Technology Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥1.51.


Guangdong Xiongsu Technology Group Co Accounts Receivable Historical Data

The historical data trend for Guangdong Xiongsu Technology Group 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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Guangdong Xiongsu Technology Group Co Accounts Receivable Chart

Guangdong Xiongsu Technology Group 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 163.37 260.83 245.91 202.96 202.13

Guangdong Xiongsu Technology Group 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 228.25 258.77 272.46 202.13 214.74

Guangdong Xiongsu Technology Group Co Accounts Receivable Calculation

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


Guangdong Xiongsu Technology Group 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.

Guangdong Xiongsu Technology Group 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
=214.741/218.899*91
=89.52

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

Guangdong Xiongsu Technology Group 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)
=(585.663+0.75 * 214.741+0.5 * 220.517-314.759
-0-0)/358.132
=1.51

* 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.


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Guangdong Xiongsu Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
Longgao Road, Dungen Section, Xiongsu Industrial Park, Jiujiang Town, Nanhai District, Guangdong Province, Foshan, CHN, 528203
Guangdong Xiongsu Technology Group Co Ltd manufactures and sells pipes and pipe fittings. Its products include construction water supply and drainage pipe fittings, municipal water supply and drainage (sewage) pipe fittings, underground communication plastic pipe fittings, heating pipes, electrical casings, high-voltage power cable sheathing pipes and other products. The company's products have application in the construction of affordable housing, rural drinking water safety projects, sewage treatment projects, smart grids, communication networks and other related fields.
Executives
Huang Gan Xiong Director
Peng Xiao Wei Directors, executives
Huang Jin Xi Director
Cai Si Wei Supervisors
Wu Duan Ming Directors, executives
Cai Cheng Directors, executives
Zhang Hai Zhong Executives
Chen Yong Chang Supervisors

Guangdong Xiongsu Technology Group Co Headlines

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