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Capitalonline Data Service Co (SZSE:300846) Accounts Receivable : ¥339 Mil (As of Mar. 2024)


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What is Capitalonline Data Service Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Capitalonline Data Service Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥339 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Capitalonline Data Service Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 95.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Capitalonline Data Service Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.58.


Capitalonline Data Service Co Accounts Receivable Historical Data

The historical data trend for Capitalonline Data Service 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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Capitalonline Data Service Co Accounts Receivable Chart

Capitalonline Data Service 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 135.22 191.48 263.81 312.66 350.44

Capitalonline Data Service 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 294.11 309.20 317.64 350.44 339.05

Capitalonline Data Service Co Accounts Receivable Calculation

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


Capitalonline Data Service 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.

Capitalonline Data Service 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
=339.049/323.886*91
=95.52

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

Capitalonline Data Service 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)
=(610.293+0.75 * 339.049+0.5 * 4.425-1109.78
-0-46.736)/500.462
=-0.58

* 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.


Capitalonline Data Service Co Accounts Receivable Related Terms

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Capitalonline Data Service Co (SZSE:300846) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN
Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.
Executives
Yao Wei Executives
Zhao Yong Zhi Directors, executives
Guo Li Executives

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