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Rubber Leaf (Rubber Leaf) Accounts Receivable : $8.57 Mil (As of Mar. 2024)


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What is Rubber Leaf Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rubber Leaf's accounts receivables for the quarter that ended in Mar. 2024 was $8.57 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rubber Leaf's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 264.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rubber Leaf's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.41.


Rubber Leaf Accounts Receivable Historical Data

The historical data trend for Rubber Leaf'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.

Rubber Leaf Accounts Receivable Chart

Rubber Leaf Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
2.92 4.73 0.13

Rubber Leaf Quarterly Data
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 3.34 4.17 3.54 0.13 8.57

Rubber Leaf Accounts Receivable Calculation

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


Rubber Leaf 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.565/2.955*91
=264.49

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

Rubber Leaf'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)
=(0.197+0.75 * 8.565+0.5 * 0.741-24.012
-0-0)/41.1095
=-0.41

* 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.


Rubber Leaf Accounts Receivable Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Traded in Other Exchanges
N/A
Address
Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN
Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.
Executives
Hua Wang director, officer: CFO 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua director, 10 percent owner, officer: President 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua director 318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

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