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NAURA Technology Group Co (SZSE:002371) Accounts Receivable : ¥4,889 Mil (As of Mar. 2024)


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What is NAURA Technology Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NAURA Technology Group Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥4,889 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NAURA Technology Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 76.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NAURA Technology Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-10.26.


NAURA Technology Group Co Accounts Receivable Historical Data

The historical data trend for NAURA Technology Group 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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NAURA Technology Group Co Accounts Receivable Chart

NAURA Technology Group 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 834.37 1,431.03 1,899.16 2,995.18 3,767.38

NAURA Technology Group 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 3,079.65 3,384.04 4,133.53 3,767.38 4,888.96

NAURA Technology Group Co Accounts Receivable Calculation

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


NAURA Technology Group 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.

NAURA Technology Group 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
=4888.957/5859.163*91
=76.14

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

NAURA Technology Group 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)
=(12603.744+0.75 * 4888.957+0.5 * 17897.989-30217.814
-0-449.967)/530.941
=-10.26

* 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.


NAURA Technology Group Co Accounts Receivable Related Terms

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NAURA Technology Group Co (SZSE:002371) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Jiuxianqiao East Road, Chao Yang District, Beijing, CHN, 100015
NAURA Technology Group Co Ltd engages in the research, development, manufacture, sale, and service of electronic equipment and components in the People's Republic of China. The company offers semiconductor equipment, including etching equipment, PVD and CVD equipment, oxidation/diffusion equipment, cleaning equipment, novel display equipment, gas mass flow controllers, etc.; and vacuum heat treatment equipment and technical solutions for the semiconductors, photovoltaic equipment, vacuum electronic devices, magnetic materials, aerospace, and smart power grid sectors.
Executives
Li Yan Hui Executives
Wang Xiao Ning Directors, executives
Tao Hai Hong Directors, executives
Tang Fei Executives
Gu Wei Qun Executives
Zhang Jian Hui Director
Xu Jia Li Directors, executives
Long Xiao Ge Executives
Wen Dong Executives
Li Dong Qi Executives

NAURA Technology Group Co (SZSE:002371) Headlines

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