Robosense Technology Co (HKSE:02498) Accounts Receivable : HK$735 Mil (As of Dec. 2023)

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What is Robosense Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Robosense Technology Co's accounts receivables for the quarter that ended in Dec. 2023 was HK$735 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Robosense Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 155.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Robosense Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-24.12.

Robosense Technology Co Accounts Receivable Historical Data

The historical data trend for Robosense 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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Robosense Technology Co Accounts Receivable Chart

Robosense Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

81.94

150.27

230.72

735.49

Robosense Technology Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			150.27	-	230.72	279.74	735.49

Robosense Technology Co Accounts Receivable Calculation

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

Robosense 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.

Robosense Technology 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
=	735.485	/	865.29	*	91
=	155.12

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

Robosense Technology 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)
=	(2021.79	+	0.75 * 735.485	+	0.5 * 217.893	-	13498.645
-	0	-	17.323)	/	449.212
=	-24.12

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.

Robosense Technology Co Accounts Receivable Related Terms

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Robosense Technology Co (HKSE:02498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Robosense Technology Co Ltd (HKSE:02498) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN

Website

https://www.robosense.ai/en

Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.

Executives

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Emerald Forest Investment Limited	2201 Interest of corporation controlled by you
Emerald Forest International Limited	2101 Beneficial owner
Emerald Forest Holding Limited	2305 Beneficiary of a trust
Futu Trustee Limited	2301 Trustee
Cainiao Smart Logistics Network Limited
Cainiao Smart Logistics Investment Limited
Tmf (cayman) Ltd.	2301 Trustee
Ali Cn Investment Holding Limited	2201 Interest of corporation controlled by you
Sunton Global Limited	2305 Beneficiary of a trust
Blackpearl Investment Limited	2201 Interest of corporation controlled by you
Blackpearl Global Limited	2101 Beneficial owner
Zhu Xiaorui	2103 Interests held jointly with another person

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