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Beijing Roborock Technology Co (SHSE:688169) Accounts Receivable : ¥195 Mil (As of Mar. 2024)


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What is Beijing Roborock Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beijing Roborock Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥195 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beijing Roborock Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 9.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beijing Roborock Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥27.78.


Beijing Roborock Technology Co Accounts Receivable Historical Data

The historical data trend for Beijing Roborock 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.

* Premium members only.

Beijing Roborock Technology Co Accounts Receivable Chart

Beijing Roborock Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 198.71 135.78 125.34 327.51 274.69

Beijing Roborock Technology 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 159.86 130.40 188.55 274.69 195.40

Beijing Roborock Technology Co Accounts Receivable Calculation

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


Beijing Roborock 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.

Beijing Roborock Technology 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
=195.403/1840.829*91
=9.69

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

Beijing Roborock Technology 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)
=(5768.969+0.75 * 195.403+0.5 * 875.998-2696.92
-0-0.977)/131.579
=27.78

* 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.


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Beijing Roborock Technology Co (SHSE:688169) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Heiquan Road, No. 6016, 6017, 6018, 6th Floor, Block C, Kangjian Baosheng Plaza, Room 6003, Building C, Haidian District, Beijing, CHN, 100085
Beijing Roborock Technology Co Ltd is engaged in research, development, and production of robotic home cleaners and other cleaning appliances. The company's products portfolio includes Roborocok H6, Roborock S6 Serie, Roborock S4, Roborock S5 Max, Roborock S5, Roborock Xiaowa E2, and Roborock Xiaowa E3. Its Roborock acts both as a powerful vacuum, and an mopping robot.
Executives
Tian Jia Core technical personnel
Luo Han Core technical personnel
Quan Gang senior management
Sun Jia Directors, senior managers
Wang Zheng Core technical personnel
Wang Xuan senior management
Shen Rui Senior management, core technical personnel
Qian Qi Jie senior management
Zhang Lei Core technical personnel
Wang Hua Huo Core technical personnel
Wan Yun Peng Directors, senior managers
Chang Jing Directors, senior managers
Xue Ying Nan Core technical personnel
Zhang Yu Qing Core technical personnel
Liu Xiao Yu Core technical personnel

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