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Moon Environment Technology Co (SZSE:000811) Accounts Receivable : ¥1,701 Mil (As of Mar. 2024)


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What is Moon Environment Technology Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Moon Environment Technology Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,701 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Moon Environment Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 94.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Moon Environment Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.60.


Moon Environment Technology Co Accounts Receivable Historical Data

The historical data trend for Moon Environment 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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Moon Environment Technology Co Accounts Receivable Chart

Moon Environment Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,104.70 1,029.64 1,252.36 1,479.08 1,710.53

Moon Environment 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 1,383.35 1,557.07 1,641.86 1,710.53 1,700.67

Moon Environment Technology Co Accounts Receivable Calculation

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


Moon Environment 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.

Moon Environment 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
=1700.674/1635.333*91
=94.90

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

Moon Environment 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)
=(3001.208+0.75 * 1700.674+0.5 * 1175.821-4964.414
-0-361.55)/763.658
=-0.60

* 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.


Moon Environment Technology Co Accounts Receivable Related Terms

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Moon Environment Technology Co (SZSE:000811) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Binglun Road, Shandong Province, Yantai, CHN
Moon Environment Technology Co Ltd operates in the refrigeration and air-conditioning industry. It is primarily involved in research and development, and manufacturing of industrial refrigeration, commercial refrigeration, and central air conditioner. The products offered by the group include refrigeration equipment, food processing equipment, auxiliary refrigeration equipment, cold storage panel, gas compression equipment. Geographically the business activities are carried out through China.
Executives
Liu Xi Jun Independent director
Yu Jing Supervisors
Ge Yun Jiang Executives
Gao Feng Director
Wu Li Li Executives
Yu Zhi Qiang Executives
Li Zeng Qun Director
Sun Xiu Xin Secretary Dong
Lu Shao Bin Directors, executives
Chen Dian Xin Director
Wang Xu Guang Supervisors
Dong Da Wen Supervisors
Wang Qin Bo Executives
Jiao Yu Xue Executives
Shu Jian Guo Executives

Moon Environment Technology Co (SZSE:000811) Headlines

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