China CNR (SHSE:601299) Accounts Receivable : ¥26,013 Mil (As of Mar. 2015)

View and export this data going back to . Start your Free Trial

What is China CNR Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. China CNR's accounts receivables for the quarter that ended in Mar. 2015 was ¥26,013 Mil.

Accounts receivable can be measured by Days Sales Outstanding. China CNR's Days Sales Outstanding for the quarter that ended in Mar. 2015 was 136.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. China CNR's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was ¥-3.03.

China CNR Accounts Receivable Historical Data

The historical data trend for China CNR'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.

China CNR Accounts Receivable Chart

China CNR Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Accounts Receivable

Get a 7-Day Free Trial

10,829.71

15,928.56

21,813.48

30,384.97

25,689.99

China CNR Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Accounts Receivable	Get a 7-Day Free Trial															32,314.36	38,068.33	38,421.42	25,689.99	26,012.94

China CNR Accounts Receivable Calculation

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

China CNR 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.

China CNR's Days Sales Outstanding for the quarter that ended in Mar. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26012.94	/	17430.703	*	91
=	136.18

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

China CNR's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 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)
=	(17477.947	+	0.75 * 26012.94	+	0.5 * 34934.133	-	89745.954
-	0	-	1907.871)	/	12259.8
=	-3.03

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.

China CNR Accounts Receivable Related Terms

Thank you for viewing the detailed overview of China CNR's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

China CNR (SHSE:601299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China CNR Corp Ltd (SHSE:601299) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.chinacnr.com

China CNR Corp Ltd was founded in 1881.Â The Company is engaged in research and development, manufacturing, refurbishment, technology services and leasing of various products such as rolling stock, mechanical and electric equipment, environmental protection equipment and ancillary components. Its products include electric and diesel locomotives; high-speed trains; multiple units; metro cars; mass transit vehicles, such as trams and light rail vehicles; coaches; open-top, covered, hopper, flat, side dump, tank, and special wagons; and track machinery. The Company also offers rail components, such as motors and generators for locomotives, urban rail vehicles, oil drilling machines, mining machinery, metallurgical machinery, and wind-driven generators; and electric control equipment, locomotive components, vehicle components, castings, and forgings, among others.

Executives

Sun Yong Cai	senior management
Zhao Guang Xing	senior management
Liu Ke Xian	Supervisors
Xi Guo Hua	Director
Cui Dian Guo	Director
Gao Zhi	senior management
Xie Ji Long	senior management
Lin Wan Li	Director
Wang Yong Zhi	senior management

China CNR (SHSE:601299) Headlines

No Headlines