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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Accounts Receivable : ¥67.4 Mil (As of Mar. 2024)


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What is Guangdong Hallsmart Intelligence Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guangdong Hallsmart Intelligence Technology's accounts receivables for the quarter that ended in Mar. 2024 was ¥67.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guangdong Hallsmart Intelligence Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guangdong Hallsmart Intelligence Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥3.87.


Guangdong Hallsmart Intelligence Technology Accounts Receivable Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology'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.

Guangdong Hallsmart Intelligence Technology Accounts Receivable Chart

Guangdong Hallsmart Intelligence Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 47.89 66.85 77.71 100.12 92.41

Guangdong Hallsmart Intelligence Technology Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.64 93.56 97.60 94.32 67.44

Guangdong Hallsmart Intelligence Technology Accounts Receivable Calculation

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


Guangdong Hallsmart Intelligence Technology 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 Hallsmart Intelligence Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=67.437/97.95*91
=62.82

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

Guangdong Hallsmart Intelligence Technology's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(182.464+0.75 * 67.437+0.5 * 37.886-88.39
-0-2.035)/41.7391
=3.87

* 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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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Traded in Other Exchanges
N/A
Address
West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051
Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

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