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Advanced Fiber Resources (Zhuhai) (SZSE:300620) Accounts Receivable : ¥374 Mil (As of Mar. 2025)


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What is Advanced Fiber Resources (Zhuhai) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advanced Fiber Resources (Zhuhai)'s accounts receivables for the quarter that ended in Mar. 2025 was ¥374 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advanced Fiber Resources (Zhuhai)'s Days Sales Outstanding for the quarter that ended in Mar. 2025 was 128.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advanced Fiber Resources (Zhuhai)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥1.07.


Advanced Fiber Resources (Zhuhai) Accounts Receivable Historical Data

The historical data trend for Advanced Fiber Resources (Zhuhai)'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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Advanced Fiber Resources (Zhuhai) Accounts Receivable Chart

Advanced Fiber Resources (Zhuhai) 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 137.50 197.74 199.66 241.37 345.86

Advanced Fiber Resources (Zhuhai) 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 252.84 313.37 385.56 345.86 373.75

Advanced Fiber Resources (Zhuhai) Accounts Receivable Calculation

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


Advanced Fiber Resources (Zhuhai) 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.

Advanced Fiber Resources (Zhuhai)'s Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=373.746/265.221*91
=128.59

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

Advanced Fiber Resources (Zhuhai)'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)
=(1036.602+0.75 * 373.746+0.5 * 274.235-1152.854
-0-34.621)/249.181
=1.07

* 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.


Advanced Fiber Resources (Zhuhai) Accounts Receivable Related Terms

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Advanced Fiber Resources (Zhuhai) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Software Park Road, Unit 1-6, Unit 8, 2nd Floor, Building 5, Tangjia, Guangdong Province, Zhuhai, CHN, 519080
Advanced Fiber Resources (Zhuhai) Ltd is a provider of passive optical components for telecommunication, fiber laser, and fiber sensor applications. The company specializes in fiber optic components and polarization maintaining components. The company designs and manufactures both standard and custom components, and also offers contract manufacturing solutions to its customers. The company's products category comprises components for industrial laser, bio-medical equipment, test equipment and others, components for optical network, and components for fiber sensing. It sells the products in China, and also exports it to the various other countries.
Executives
Ji Gui Jun Executives
Executives
Directors, executives
Wu Wei Directors, executives
Wu Guo Qin Executives
Zhou Chun Hua Supervisors
Qiu Er Hu Executives
Zhong Guo Qing Executives
Directors, executives
Wu Yu Ling Director
Feng Yong Mao Director
Directors, executives
Liang Xi Huan Securities Affairs Representative

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