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So-Young International (So-Young International) Accounts Receivable : $8.0 Mil (As of Dec. 2023)


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What is So-Young International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. So-Young International's accounts receivables for the quarter that ended in Dec. 2023 was $8.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. So-Young International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 13.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. So-Young International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.94.


So-Young International Accounts Receivable Historical Data

The historical data trend for So-Young International'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.

So-Young International Accounts Receivable Chart

So-Young International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 3.72 8.09 8.61 5.17 8.01

So-Young International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.17 5.97 7.74 8.54 8.01

So-Young International Accounts Receivable Calculation

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


So-Young International 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.

So-Young International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.014/54.7*91
=13.37

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

So-Young International'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)
=(185.841+0.75 * 8.014+0.5 * 16.656-91.489
-0-16.412)/98.0492
=0.94

* 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.


So-Young International Accounts Receivable Related Terms

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So-Young International (So-Young International) Business Description

Traded in Other Exchanges
N/A
Address
No. 34 Chuangyuan Road, Tower E, Ronsin Technology Center, Chaoyang District, Beijing, CHN, 100102
So-Young International Inc is an online destination for discovering, evaluating, and reserving medical aesthetic services in China. Its business model comprises four integrated components: professional content and its distribution through social media networks and its targeted media platforms in China, a social community characterized by signature user-generated content, Online reservation services for a medical aesthetic treatment, and the research, development, production, sales, and agency of laser and other optoelectronic medical beauty equipment. It generates revenues from information services fees and reservation services fees from medical aesthetic service providers.

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