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Yunnan Copper Co (SZSE:000878) Accounts Receivable : ¥809 Mil (As of Mar. 2024)


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What is Yunnan Copper Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yunnan Copper Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥809 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yunnan Copper Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 2.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yunnan Copper Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-9.27.


Yunnan Copper Co Accounts Receivable Historical Data

The historical data trend for Yunnan Copper 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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Yunnan Copper Co Accounts Receivable Chart

Yunnan Copper 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 77.98 89.75 81.97 134.75 105.94

Yunnan Copper 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 188.70 135.34 350.40 105.94 809.13

Yunnan Copper Co Accounts Receivable Calculation

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


Yunnan Copper 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.

Yunnan Copper 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
=809.126/31538.978*91
=2.34

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

Yunnan Copper 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)
=(6249.47+0.75 * 809.126+0.5 * 17871.028-31099.719
-0-3257.159)/2003.63
=-9.27

* 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.


Yunnan Copper Co Accounts Receivable Related Terms

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Yunnan Copper Co (SZSE:000878) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 People's East Road, Yunnan Province, Kunming, CHN, 650011
Yunnan Copper Co Ltd is in the business of copper exploration, mining, smelting, it relates to resource development zinc, titanium, molybdenum, phosphorus, gold, Silver, Platinum, Palladium and other rare and rare metals recycling and geological exploration, engineering consulting, chemical production, futures brokerage, logistics and transportation, international trade and many other industries.
Executives
Wang Chong Directors, executives
Huang Yun Jing Directors, executives
Luo Gang Supervisors
Tian Yong Zhong Director
Han Jin Gen Secretary Dong
Chen Suo Kun Independent director
Zhang Jin Feng Supervisors
Zhang Zheng Bin Supervisors
Shen Nan Shan Directors, executives
Jin Yong Jing Director
Luo Tai Xi Executives
Zhu Qing Fen Director
He Yun Hui Directors, executives
Guan Hong Supervisors

Yunnan Copper Co (SZSE:000878) Headlines

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