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Zhuzhou Feilu High-Tech Materials Co (SZSE:300665) Accounts Receivable : ¥473.3 Mil (As of Mar. 2025)


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What is Zhuzhou Feilu High-Tech Materials Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zhuzhou Feilu High-Tech Materials Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥473.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zhuzhou Feilu High-Tech Materials Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 581.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zhuzhou Feilu High-Tech Materials Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-4.34.


Zhuzhou Feilu High-Tech Materials Co Accounts Receivable Historical Data

The historical data trend for Zhuzhou Feilu High-Tech Materials 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.

* Premium members only.

Zhuzhou Feilu High-Tech Materials Co Accounts Receivable Chart

Zhuzhou Feilu High-Tech Materials 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 340.03 411.42 483.31 547.74 503.31

Zhuzhou Feilu High-Tech Materials 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 467.45 447.76 509.47 503.31 473.29

Zhuzhou Feilu High-Tech Materials Co Accounts Receivable Calculation

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


Zhuzhou Feilu High-Tech Materials 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.

Zhuzhou Feilu High-Tech Materials 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
=473.286/74.261*91
=581.56

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Zhuzhou Feilu High-Tech Materials Co's accounts receivable are only considered to be worth 75% of book value:

Zhuzhou Feilu High-Tech Materials 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)
=(85.342+0.75 * 473.286+0.5 * 228.466-1368.903
-0-8.116)/189.433
=-4.34

* 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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Zhuzhou Feilu High-Tech Materials Co Business Description

Traded in Other Exchanges
N/A
Address
Xiangxie Road, No. 98, Jinshan Industrial Park, Hetang District, Hunan Province, Zhuzhou, CHN, 412003
Zhuzhou Feilu High-Tech Materials Co Ltd is a supplier of anti-corrosion coatings, waterproof coatings, floor coatings, and other high-tech materials in China. It offers metal preservative products, such as alkyd lacquer, acrylic, polyurethane paint, epoxy paint, water-based, putty class paints, and other special coatings for use in track equipment, railway trucks, export cars, cargo, railway buses, railway locomotives, railway cars, other special vehicles. The company also offers polymer materials for new energy batteries, polymer materials for photovoltaic modules, wind power materials, and EPC projects.
Executives
Yi Jia Li Secretary Dong
Liu Xiong Ying Executives
He Xiao Feng Directors, executives
Han Yu An Executives
Fan Guo Dong Directors, executives
Zhang Wei Guo Director
Zhou Di Wu Executives
Chen Jia Supervisors
Peng Long Sheng Executives
Liu Shuai Supervisors
Xia Ling Gen Director

Zhuzhou Feilu High-Tech Materials Co Headlines

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