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Cybrid Technologies (SHSE:603212) Accounts Receivable : ¥1,317 Mil (As of Mar. 2024)


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What is Cybrid Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cybrid Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,317 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cybrid Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 135.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cybrid Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.01.


Cybrid Technologies Accounts Receivable Historical Data

The historical data trend for Cybrid Technologies'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.

Cybrid Technologies Accounts Receivable Chart

Cybrid Technologies 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 833.75 1,033.93 1,208.52 1,312.79 1,463.22

Cybrid Technologies 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 1,417.97 1,750.97 1,626.37 1,463.22 1,317.40

Cybrid Technologies Accounts Receivable Calculation

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


Cybrid Technologies 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1317.402/885.343*91
=135.78

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

Cybrid Technologies'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)
=(746.404+0.75 * 1317.402+0.5 * 663.874-2066.759
-0-5.542)/437.491
=-0.01

* 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.


Cybrid Technologies Accounts Receivable Related Terms

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Cybrid Technologies (SHSE:603212) Business Description

Traded in Other Exchanges
N/A
Address
No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299
Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.
Executives
Yan Wen Qin Directors, senior managers
Chen Hong Ye Directors, senior managers
Gao Tian Bo Directors, senior managers
Chen Xiao Ying senior management
Chen Da Wei senior management

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