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Ourpalm Co (SZSE:300315) Accounts Receivable : ¥197.6 Mil (As of Mar. 2024)


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What is Ourpalm Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ourpalm Co's accounts receivables for the quarter that ended in Mar. 2024 was ¥197.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ourpalm Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 70.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ourpalm Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.83.


Ourpalm Co Accounts Receivable Historical Data

The historical data trend for Ourpalm 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.

Ourpalm Co Accounts Receivable Chart

Ourpalm 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 275.27 264.37 213.09 215.98 189.91

Ourpalm 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 178.36 152.21 173.37 189.91 197.63

Ourpalm Co Accounts Receivable Calculation

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


Ourpalm 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.

Ourpalm 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
=197.625/255.672*91
=70.53

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

Ourpalm 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)
=(2627.432+0.75 * 197.625+0.5 * 12.559-510.243
-0-0)/2743.91
=0.83

* 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.


Ourpalm Co Accounts Receivable Related Terms

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Ourpalm Co (SZSE:300315) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Baosheng South Road, Room 901, Building 29, Block C, Lingzhi Center, Aobei Science and Technology Park, Haidian District, Beijing, CHN
Ourpalm Co Ltd is a China-based company engaged in the development, publishing, and operation of games. Its main business includes mobile terminal games, internet page games and product development, agent distribution and operation and maintenance of its peripheral products.
Executives
Cheng Li Executives
Yao Wen Zhe Directors, executives
Wu Lin Guang Director
Hu Bin Directors, executives
Li Hao Sheng Directors, executives
Deng Pan Director
Yao Wen Bin Director
Song Hai Bo Director
Ye Ying Tao Director
Wang Zhong Jun Director
Yang Kai Directors, executives
Zhang Yun Xia Directors, Directors, and Executives

Ourpalm Co (SZSE:300315) Headlines

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