GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sai Micro Electronics Inc (SZSE:300456) » Definitions » Accounts Receivable

Sai Micro Electronics (SZSE:300456) Accounts Receivable : ¥574 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sai Micro Electronics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sai Micro Electronics's accounts receivables for the quarter that ended in Mar. 2024 was ¥574 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sai Micro Electronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 193.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sai Micro Electronics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.97.


Sai Micro Electronics Accounts Receivable Historical Data

The historical data trend for Sai Micro Electronics'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.

Sai Micro Electronics Accounts Receivable Chart

Sai Micro Electronics 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 359.85 282.15 180.73 197.89 568.92

Sai Micro Electronics 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 184.04 185.79 517.29 568.92 573.68

Sai Micro Electronics Accounts Receivable Calculation

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


Sai Micro Electronics 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.

Sai Micro Electronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=573.679/270.051*91
=193.85

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

Sai Micro Electronics'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)
=(668.262+0.75 * 573.679+0.5 * 491.715-1594.072
-0-458.243)/733.497
=-0.97

* 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.


Sai Micro Electronics Accounts Receivable Related Terms

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


Sai Micro Electronics (SZSE:300456) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Yumin Road, Room 2607, Block A, North Ring Center, Xicheng District, Beijing, CHN, 100029
Sai Micro Electronics Inc and its subsidiaries include MEMSChip process development and wafer manufacturing, It is also into research and development production of GaNExtension materials and chip design.
Executives
Zhou Jia Yu Executives
Cai Meng Executives
Yang Yun Chun Directors, executives
Zhang A Bin Directors, Directors, and Executives
Liu Jie Executives
Zhang Yun Peng Directors, executives
Liu Bo Securities Affairs Representative
Bai Shao Wu Executives
Zheng Yun Xia Supervisors
Ding Xin Chun Directors, executives

Sai Micro Electronics (SZSE:300456) Headlines

No Headlines