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Yangzhou Yangjie Electronic Technology Co (SZSE:300373) Accounts Receivable : ¥1,416 Mil (As of Mar. 2024)


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What is Yangzhou Yangjie Electronic Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yangzhou Yangjie Electronic Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,416 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yangzhou Yangjie Electronic Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 97.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yangzhou Yangjie Electronic Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.19.


Yangzhou Yangjie Electronic Technology Co Accounts Receivable Historical Data

The historical data trend for Yangzhou Yangjie Electronic Technology 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.

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Yangzhou Yangjie Electronic Technology Co Accounts Receivable Chart

Yangzhou Yangjie Electronic Technology 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 621.05 801.37 1,020.56 1,208.17 1,515.58

Yangzhou Yangjie Electronic Technology 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 1,375.86 1,479.61 1,732.77 1,515.58 1,415.73

Yangzhou Yangjie Electronic Technology Co Accounts Receivable Calculation

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


Yangzhou Yangjie Electronic Technology 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.

Yangzhou Yangjie Electronic Technology 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
=1415.728/1328.044*91
=97.27

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

Yangzhou Yangjie Electronic Technology 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)
=(3780.644+0.75 * 1415.728+0.5 * 1102.777-4307.301
-0-438.368)/543.015
=1.19

* 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.


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Yangzhou Yangjie Electronic Technology Co (SZSE:300373) Business Description

Traded in Other Exchanges
N/A
Address
No.6 West Heye Road, Yangzhou, CHN
Yangzhou Yangjie Electronic Technology Co Ltd is a semiconductor component manufacturing company. The company is engaged in manufacturing and selling device chips, power diode Rectifier Bridge and discrete semiconductor devices. Its main products include Bridge rectifier, Automobile Rectifier, General purpose rectifier, Fast Recovery Rectifier, Zener Diode, Solar diode and Schottry rectifier. These products are widely used in lighting, power supply, customer electronics, computer and peripheral equipment, electronic instruments and meters, communication, industrial and automatic control, automotive electronics and other fields. Geographically the operation of the group is carried out through China.
Executives
Xu Xiao Bing Executives
Chen Run Sheng Directors, executives
Dai Juan Executives
Liu Cong Ning Directors, executives
Qin Nan Securities Affairs Representative
Zhou Bin Director
Liang Yao Directors, executives
Lin Zhao Huang Executives
Wang Yi Executives
Xu Ping Supervisors

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