GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Leili Motor Corp Ltd (SZSE:300660) » Definitions » Accounts Receivable

Jiangsu Leili Motor (SZSE:300660) Accounts Receivable : ¥1,183 Mil (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Jiangsu Leili Motor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiangsu Leili Motor's accounts receivables for the quarter that ended in Sep. 2024 was ¥1,183 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiangsu Leili Motor's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 126.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiangsu Leili Motor's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.81.


Jiangsu Leili Motor Accounts Receivable Historical Data

The historical data trend for Jiangsu Leili Motor'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.

Jiangsu Leili Motor Accounts Receivable Chart

Jiangsu Leili Motor 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 575.90 802.59 910.28 986.42 1,151.34

Jiangsu Leili Motor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,068.29 1,151.34 1,071.76 1,198.13 1,182.82

Jiangsu Leili Motor Accounts Receivable Calculation

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


Jiangsu Leili Motor 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.

Jiangsu Leili Motor's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1182.815/853.291*91
=126.49

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

Jiangsu Leili Motor's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1929.109+0.75 * 1182.815+0.5 * 746.642-2398.996
-0-532.431)/319.383
=0.81

* 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.


Jiangsu Leili Motor Accounts Receivable Related Terms

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


Jiangsu Leili Motor Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Qianjiatang Road, Qianjia Industrial Park, Yaoguan Town, Wujin, Jiangsu Area, Changzhou, CHN, 213011
Jiangsu Leili Motor Corp Ltd is a China based micro-motor supplier. It specializes in offering stepping motors, brushed and brushless DC motors, synchronous motors and different kinds of micro-pumps; besides, precision module parts, driving control design and micro-motor solutions. The products of the company are used in the industries of automotive, industrial industry sports and fitness, among others. The products of the company are sold in China, and other countries.
Executives
Huang Wen Bo Directors, executives
Yin Cheng Long Directors, executives
Hua Rong Wei Directors, executives

Jiangsu Leili Motor Headlines

No Headlines