ECARX Holdings (ECARX Holdings) Accounts Receivable : $205.0 Mil (As of Mar. 2024)

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What is ECARX Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ECARX Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $205.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ECARX Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 145.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ECARX Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.36.

ECARX Holdings Accounts Receivable Historical Data

The historical data trend for ECARX Holdings'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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ECARX Holdings Accounts Receivable Chart

ECARX Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

149.67

179.80

256.52

ECARX Holdings Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial						93.69	152.55	192.47	256.52	205.03

ECARX Holdings Accounts Receivable Calculation

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

ECARX Holdings 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.

ECARX Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	205.027	/	128.848	*	91
=	145.20

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

ECARX Holdings'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)
=	(73.901	+	0.75 * 205.027	+	0.5 * 26.703	-	693.3
-	0	-	7.651)	/	338.067
=	-1.36

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.

ECARX Holdings Accounts Receivable Related Terms

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ECARX Holdings (ECARX Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECARX Holdings Inc (NAS:ECX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 St. Katharine’s Way, ECARX office, 2nd Floor South, International House, London, GBR, E1W 1UN

Website

https://www.ecarxgroup.com

ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.

Executives

Jun Hong Heng

director

C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108