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Talkweb Information System Co (SZSE:002261) Accounts Receivable : ¥1,171 Mil (As of Mar. 2024)


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What is Talkweb Information System Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Talkweb Information System Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥1,171 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Talkweb Information System Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 131.49.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Talkweb Information System Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.45.


Talkweb Information System Co Accounts Receivable Historical Data

The historical data trend for Talkweb Information System 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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Talkweb Information System Co Accounts Receivable Chart

Talkweb Information System 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 412.53 483.51 399.18 405.10 1,083.46

Talkweb Information System 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 619.23 544.60 685.59 1,083.46 1,170.86

Talkweb Information System Co Accounts Receivable Calculation

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


Talkweb Information System 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.

Talkweb Information System 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
=1170.864/812.565*91
=131.49

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

Talkweb Information System 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)
=(827.949+0.75 * 1170.864+0.5 * 994.725-2615.304
-0-155.884)/1253.34
=-0.45

* 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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Talkweb Information System Co (SZSE:002261) Business Description

Traded in Other Exchanges
N/A
Address
No. 298, Tonglupo West Road, Yuelu District, Hunan province, Changsha, CHN, 410205
Talkweb Information System Co Ltd is a provider of software and hardware integrated products and solutions in China. It offers software cloud services, intelligent computing, Hongmeng ecology, and mobile games. The company provides services to approx. 31 provincial-level administrative regions across the country and more than 10 overseas countries. It focuses on key areas and industries such as digital government, intelligent manufacturing, intelligent transportation, intelligent education, and intelligent parks.

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