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Beijing VRV Software (SZSE:300352) Accounts Receivable : ¥632.8 Mil (As of Mar. 2024)


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What is Beijing VRV Software Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing VRV Software's accounts receivables for the quarter that ended in Mar. 2024 was ¥632.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing VRV Software's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 443.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing VRV Software's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.03.


Beijing VRV Software Accounts Receivable Historical Data

The historical data trend for Beijing VRV Software'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.

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Beijing VRV Software Accounts Receivable Chart

Beijing VRV Software 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 994.65 1,076.37 632.05 429.45 582.74

Beijing VRV Software 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 431.26 476.17 472.73 582.74 632.84

Beijing VRV Software Accounts Receivable Calculation

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


Beijing VRV Software 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.

Beijing VRV Software's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=632.84/130.351*91
=443.01

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

Beijing VRV Software'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)
=(113.364+0.75 * 632.84+0.5 * 384.755-835.883
-0--12.069)/1449.82
=-0.03

* 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.


Beijing VRV Software Accounts Receivable Related Terms

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Beijing VRV Software (SZSE:300352) Business Description

Traded in Other Exchanges
N/A
Address
Beijing Zhongguancun South Street, Zhongguancun Science and Technology Development, Building 34, Room 1602, Block C, Haidian District, Beijing, CHN, 100081
Beijing VRV Software Corp Ltd is engaged in developing, manufacturing & selling of information security software products and services. The company provides data applications, mobile management systems, domestic terminal security systems, border security products, Intranet security products, anti-virus software, and data security products.
Executives
Wang Xiao Na Directors, executives
Yang Jie Directors, executives
Yang Wei Executives
Hu Jian Bin Director
Gao Xi Directors, executives
Lin Hao Directors, executives
Ma Cheng Dong Supervisors
Ha Lian Qin Supervisors
Shen Jian Fei Independent director
Zhao Zhan Sheng Independent director

Beijing VRV Software (SZSE:300352) Headlines

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