GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guilin Layn Natural Ingredients Corp (SZSE:002166) » Definitions » Accounts Receivable

Guilin Layn Natural Ingredients (SZSE:002166) Accounts Receivable : ¥291 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Guilin Layn Natural Ingredients Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guilin Layn Natural Ingredients's accounts receivables for the quarter that ended in Mar. 2024 was ¥291 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Guilin Layn Natural Ingredients's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 77.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guilin Layn Natural Ingredients's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.76.


Guilin Layn Natural Ingredients Accounts Receivable Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients Accounts Receivable Chart

Guilin Layn Natural Ingredients 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 175.41 201.29 256.14 337.10 549.65

Guilin Layn Natural Ingredients 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 236.16 219.52 324.24 549.65 291.02

Guilin Layn Natural Ingredients Accounts Receivable Calculation

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


Guilin Layn Natural Ingredients 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.

Guilin Layn Natural Ingredients's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=291.015/341.215*91
=77.83

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

Guilin Layn Natural Ingredients'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)
=(248.728+0.75 * 291.015+0.5 * 1250.243-1582.572
-0-73.892)/741.987
=-0.76

* 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.


Guilin Layn Natural Ingredients Accounts Receivable Related Terms

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


Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004
Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.
Executives
Yao Xin De Director
Huang Li Juan Independent director
Qin Ben Jun Directors, executives
Liu Hong Yu Independent director
Bai Yu Directors, executives
Jiang Xiao San Directors, executives
Jiang Zhi Gang Supervisors
Xie Yong Fu Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

No Headlines