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Dongguan Changlian New Materials Technology Co (SZSE:301618) Accounts Receivable : ¥311.3 Mil (As of Mar. 2025)


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What is Dongguan Changlian New Materials Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dongguan Changlian New Materials Technology Co's accounts receivables for the quarter that ended in Mar. 2025 was ¥311.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dongguan Changlian New Materials Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 209.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dongguan Changlian New Materials Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥6.04.


Dongguan Changlian New Materials Technology Co Accounts Receivable Historical Data

The historical data trend for Dongguan Changlian New Materials Technology 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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Dongguan Changlian New Materials Technology Co Accounts Receivable Chart

Dongguan Changlian New Materials Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.06 251.60 264.18 265.82 305.77

Dongguan Changlian New Materials Technology Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec19 Dec20 Dec21 Mar22 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 - 307.90 312.93 305.77 311.26

Dongguan Changlian New Materials Technology Co Accounts Receivable Calculation

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


Dongguan Changlian New Materials Technology 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.

Dongguan Changlian New Materials Technology 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
=311.257/135.752*91
=209.22

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

Dongguan Changlian New Materials Technology 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)
=(375.923+0.75 * 311.257+0.5 * 65.402-252.78
-0-0)/64.440
=6.04

* 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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Dongguan Changlian New Materials Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Shida Road, Building 1, No. 733, Liaobu Section, Liaobu Town, Guangdong Province, Dongguan, CHN, 523419
Dongguan Changlian New Materials Technology Co Ltd is specialized in environmental protection, ecological water-based inks, water-based resin, digital printing inks, additives and other printing materials and printing automatic equipment research and development, production, sales and technical services. It's a textile and garment enterprise that provides diversified products and technology of textile and garment printing service overall solution provider. The company's main products include water-based inks, resin, digital printing and additives.

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