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Guangdong South New Media Co (SZSE:300770) Accounts Receivable : ¥228 Mil (As of Mar. 2025)


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What is Guangdong South New Media Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guangdong South New Media Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥228 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guangdong South New Media Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 51.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guangdong South New Media Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥6.52.


Guangdong South New Media Co Accounts Receivable Historical Data

The historical data trend for Guangdong South New Media 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 South New Media Co Accounts Receivable Chart

Guangdong South New Media 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 423.00 181.89 33.49 155.87 261.51

Guangdong South New Media 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 246.03 533.76 61.97 261.51 228.10

Guangdong South New Media Co Accounts Receivable Calculation

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


Guangdong South New Media 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 South New Media 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
=228.1/406.552*91
=51.20

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

Guangdong South New Media 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)
=(2626.624+0.75 * 228.1+0.5 * 3.899-1296.139
-0-9.017)/229.131
=6.52

* 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.


Guangdong South New Media Co Accounts Receivable Related Terms

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Guangdong South New Media Co Business Description

Traded in Other Exchanges
N/A
Address
No. 686, Renmin North Road, Room 411, Building 25, Yuexiu District, Guangdong, Guangzhou, CHN, 510012
Guangdong South New Media Co Ltd media service operator in China. It offers service related to telecommunications, radio and television and satellite transmission.
Executives
Zhao Gang Director
Wang Jian Ye Independent director
Lin Rui Jun Directors, executives

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