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Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Accounts Receivable : $91.1 Mil (As of Dec. 2023)


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What is Greatview Aseptic Packaging Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greatview Aseptic Packaging Co's accounts receivables for the quarter that ended in Dec. 2023 was $91.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greatview Aseptic Packaging Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 61.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greatview Aseptic Packaging Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.07.


Greatview Aseptic Packaging Co Accounts Receivable Historical Data

The historical data trend for Greatview Aseptic Packaging 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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Greatview Aseptic Packaging Co Accounts Receivable Chart

Greatview Aseptic Packaging 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 76.90 79.68 105.31 102.46 91.09

Greatview Aseptic Packaging Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 105.31 95.39 102.46 95.76 91.09

Greatview Aseptic Packaging Co Accounts Receivable Calculation

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


Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=91.086/269.9*91
=61.59

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

Greatview Aseptic Packaging Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(121.377+0.75 * 91.086+0.5 * 120.432-157.821
-0-0)/1336.63
=0.07

* 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.


Greatview Aseptic Packaging Co Accounts Receivable Related Terms

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Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Business Description

Traded in Other Exchanges
Address
No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015
Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

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