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Jiangsu Haili Wind Power Equipment Technical Co (SZSE:301155) Accounts Receivable : ¥844 Mil (As of Mar. 2025)


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What is Jiangsu Haili Wind Power Equipment Technical Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiangsu Haili Wind Power Equipment Technical Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥844 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiangsu Haili Wind Power Equipment Technical Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 176.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiangsu Haili Wind Power Equipment Technical Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-7.84.


Jiangsu Haili Wind Power Equipment Technical Co Accounts Receivable Historical Data

The historical data trend for Jiangsu Haili Wind Power Equipment Technical 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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Jiangsu Haili Wind Power Equipment Technical Co Accounts Receivable Chart

Jiangsu Haili Wind Power Equipment Technical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 516.28 1,342.46 1,398.74 1,105.75 850.36

Jiangsu Haili Wind Power Equipment Technical 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 953.31 847.45 869.15 850.36 844.02

Jiangsu Haili Wind Power Equipment Technical Co Accounts Receivable Calculation

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


Jiangsu Haili Wind Power Equipment Technical 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.

Jiangsu Haili Wind Power Equipment Technical 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
=844.022/436.487*91
=176.45

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Jiangsu Haili Wind Power Equipment Technical Co's accounts receivable are only considered to be worth 75% of book value:

Jiangsu Haili Wind Power Equipment Technical 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)
=(736.055+0.75 * 844.022+0.5 * 2431.494-4049.996
-0-239.53)/217.391
=-7.84

* 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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Jiangsu Haili Wind Power Equipment Technical Co Business Description

Traded in Other Exchanges
N/A
Address
North of Jinshajiang Road, East of Jinggangshan Road, Economic Development Zone, Jiangsu Province, Rudong, CHN, 226400
Jiangsu Haili Wind Power Equipment Technical Co Ltd is engaged in the research and development, production and sales of wind power equipment components.
Executives
Song Hong Jun Director
Sha De Quan Directors, executives
Chen Hai Jun Directors, executives
Qian Ai Xiang Supervisors
Deng Feng Supervisors

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