GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guangxi Yuegui Guangye Holdings Co Ltd (SZSE:000833) » Definitions » Accounts Receivable

Guangxi Yuegui Guangye Holdings Co (SZSE:000833) Accounts Receivable : ¥7 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Guangxi Yuegui Guangye Holdings Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guangxi Yuegui Guangye Holdings Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guangxi Yuegui Guangye Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guangxi Yuegui Guangye Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.59.


Guangxi Yuegui Guangye Holdings Co Accounts Receivable Historical Data

The historical data trend for Guangxi Yuegui Guangye Holdings 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.

Guangxi Yuegui Guangye Holdings Co Accounts Receivable Chart

Guangxi Yuegui Guangye Holdings 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 32.64 35.45 7.73 11.33 25.55

Guangxi Yuegui Guangye Holdings 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 6.23 4.84 12.90 25.55 7.29

Guangxi Yuegui Guangye Holdings Co Accounts Receivable Calculation

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


Guangxi Yuegui Guangye Holdings 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.

Guangxi Yuegui Guangye Holdings 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
=7.288/615.159*91
=1.08

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

Guangxi Yuegui Guangye Holdings 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)
=(1514.071+0.75 * 7.288+0.5 * 806.012-2287.1
-0-110.438)/802.082
=-0.59

* 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.


Guangxi Yuegui Guangye Holdings Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Guangxi Yuegui Guangye Holdings Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangxi Yuegui Guangye Holdings Co (SZSE:000833) Business Description

Traded in Other Exchanges
N/A
Address
No. 85 Liuhua Road, 3rd Floor, Jiangong Building, Liwan District, Guangzhou, CHN, 510075
Guangxi Yuegui Guangye Holdings Co Ltd is engaged in the production of white sugar and raw sugar. The company also produces bagasse pulp and paper, eucalyptus wood raw alcohol, calcium carbonate, and caustic.
Executives
Gu Yuan Rong Supervisors
Zhou Yong Zhang Independent director
Pang Bi Wei Supervisors
Wei Mei Jun Executives
Zhang Jing Qin Supervisors
Liang Bu Ming Supervisors
Xu Zai Liang Director
Huang Jia Ju Directors, executives
Li Zheng Supervisors
Chen Jian Executives
Luo Lian Guang Supervisors

Guangxi Yuegui Guangye Holdings Co (SZSE:000833) Headlines

No Headlines