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Suzhou Xianglou New Material Co (SZSE:301160) Accounts Receivable : ¥386 Mil (As of Mar. 2025)


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What is Suzhou Xianglou New Material Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Suzhou Xianglou New Material Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥386 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Suzhou Xianglou New Material Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 106.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Suzhou Xianglou New Material Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥4.71.


Suzhou Xianglou New Material Co Accounts Receivable Historical Data

The historical data trend for Suzhou Xianglou New Material 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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Suzhou Xianglou New Material Co Accounts Receivable Chart

Suzhou Xianglou New Material 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 238.75 303.38 355.68 429.83 451.77

Suzhou Xianglou New Material 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 380.16 374.75 388.04 451.77 385.94

Suzhou Xianglou New Material Co Accounts Receivable Calculation

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


Suzhou Xianglou New Material 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.

Suzhou Xianglou New Material 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
=385.943/332.077*91
=106.05

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

Suzhou Xianglou New Material 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)
=(256.43+0.75 * 385.943+0.5 * 319.491-323.48
-0-0)/81.053
=4.71

* 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.


Suzhou Xianglou New Material Co Accounts Receivable Related Terms

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Suzhou Xianglou New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 285, Xueying Road, Badi Street, Xinying Village, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200
Suzhou Xianglou New Material Co Ltd is engaged in the production and sales of customized precision stamping special steel materials. Its products include special structural steels such as carbon structural steel and alloy structural steel, and special-purpose steels such as spring steel, bearing steel, and tool steel. The company's products are mainly used for various types of automotive precision stamping parts, and the application range covers structural parts and functional parts such as automotive engine systems, transmission and clutch systems, seat systems, and interior systems.
Executives
Zhang Yu Ping Directors, executives
Tang Wei Guo Directors, executives
Cao Ju Fen Directors, executives
Zhou Hui Directors, executives

Suzhou Xianglou New Material Co Headlines

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