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Shanghai Jahwa United Co (SHSE:600315) Accounts Receivable : ¥1,060 Mil (As of Mar. 2024)


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What is Shanghai Jahwa United Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shanghai Jahwa United Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,060 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shanghai Jahwa United Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shanghai Jahwa United Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.58.


Shanghai Jahwa United Co Accounts Receivable Historical Data

The historical data trend for Shanghai Jahwa United 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.

* Premium members only.

Shanghai Jahwa United Co Accounts Receivable Chart

Shanghai Jahwa United Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,228.91 1,089.57 1,108.95 1,323.95 1,172.27

Shanghai Jahwa United Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 1,180.51 1,319.04 1,200.78 1,172.27 1,060.40

Shanghai Jahwa United Co Accounts Receivable Calculation

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


Shanghai Jahwa United 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.

Shanghai Jahwa United Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1060.404/1905.398*91
=50.78

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

Shanghai Jahwa United Co'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)
=(3839.483+0.75 * 1060.404+0.5 * 681.185-3906.534
-0-0)/676.224
=1.58

* 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.


Shanghai Jahwa United Co Accounts Receivable Related Terms

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Shanghai Jahwa United Co (SHSE:600315) Business Description

Traded in Other Exchanges
N/A
Address
No.99 Jiang Wan Cheng Road, 5th building of Shangpu Business Center, Yangpu District, Shanghai, CHN, 200438
Shanghai Jahwa United Co Ltd is a China-based company engaged in selling toiletries, skin care, hair care and beauty products, daily chemicals and cosmetic technologies in China. The products of the company are sold under the brands of VIVE, Maxam, Liushen, Gf, Herborist, Homeaegis, Dr.Yu, Giving, Fresh herb and Tommee Tippee. Its product portfolio covers herbal medicines, household cleaning products, hand-creams, baby-care products, sunscreens, beauty products and others.
Executives
Han Min senior management
Ye Wei Min senior management
Pan Qiu Sheng Director
Chen Dong Ni Supervisors
Huang Jian senior management
Wu Ying Hua Director
Feng Jun Director
Huang Zhen senior management
Ding Yi Jing senior management
Wang Zhuo Director
Liu Deng Zhong Supervisors
Fang Hua senior management
Ge Wen Yao Director
Xuan Ping senior management
Hu Da Hui Supervisors

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