Niu Technologies (Niu Technologies) Accounts Receivable : $12.1 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Niu Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Niu Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $12.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Niu Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 15.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Niu Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.08.

Niu Technologies Accounts Receivable Historical Data

The historical data trend for Niu Technologies'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.

* Premium members only.

Niu Technologies Accounts Receivable Chart

Niu Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

16.43

15.49

42.16

42.99

13.30

Niu Technologies 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															32.26	32.01	22.49	13.30	12.12

Niu Technologies Accounts Receivable Calculation

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

Niu Technologies 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.

Niu Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.115	/	70.087	*	91
=	15.77

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

Niu Technologies'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)
=	(135.767	+	0.75 * 12.115	+	0.5 * 66.763	-	184.356
-	0	-	0)	/	77.5985
=	-0.08

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.

Niu Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Niu Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Niu Technologies (Niu Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niu Technologies (NAS:NIU) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

0O9:Germany

Address

No. 195 Huilongguan East Road, No.1 Building, Changping District, Beijing, CHN, 102208

Website

https://www.niu.com

Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of ten series, four electric scooter series, including NQi, MQi, UQi, and Gova, two urban commuter electric motorcycle series RQi and TQi, a hybrid motorcycles series YQi, a performance electric bicycle series, NIU Aero, and two micro-mobility series, the kick-scooter series, KQi, and the e-bike series, BQi. The group's principal operations and geographic markets are mainly in the People's Republic of China.