GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Tin Co Ltd (SZSE:000960) » Definitions » Accounts Receivable

Yunnan Tin Co (SZSE:000960) Accounts Receivable : ¥650 Mil (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Yunnan Tin Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yunnan Tin Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥650 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yunnan Tin Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 7.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yunnan Tin Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-7.77.


Yunnan Tin Co Accounts Receivable Historical Data

The historical data trend for Yunnan Tin 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.

Yunnan Tin Co Accounts Receivable Chart

Yunnan Tin 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 639.51 522.50 780.89 623.79 502.06

Yunnan Tin 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 954.06 686.28 750.69 502.06 650.40

Yunnan Tin Co Accounts Receivable Calculation

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


Yunnan Tin 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 Tin 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
=650.404/8399.442*91
=7.07

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

Yunnan Tin 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)
=(2463.795+0.75 * 650.404+0.5 * 6082.811-17734.234
-0-1041.215)/1645.8
=-7.77

* 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 Tin Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Yunnan Tin Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Yunnan Tin Co (SZSE:000960) Business Description

Traded in Other Exchanges
N/A
Address
121 Jinhu East Road, Yunnan Province, Gejiu, CHN, 661000
Yunnan Tin Co Ltd is a China-based company engaged in the exploration, mining, smelting, and processing of tin and non-ferrous materials. The company's products include tin ingots, lead ingots, indium ingots, silver ingots, antimony ingots, copper concentrates, tin- lead solders and lead-free solders, tin materials, tin-based alloys, organic tin and inorganic tin chemical products.
Executives
Han Shou Li Director
Tang Fa Supervisors
Pu Cheng Yao Supervisors
Bao Shi Ze Director
Xiang Peng Fei Supervisors
Ren Zi Ming Executives
Wang Ji Hong Director
Wang Dao Hao Director
Xie Yun Shan Director

Yunnan Tin Co (SZSE:000960) Headlines

No Headlines