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Tantech Holdings (Tantech Holdings) Accounts Receivable : $41.16 Mil (As of Jun. 2023)


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What is Tantech Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tantech Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $41.16 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tantech Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 380.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tantech Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $11.18.


Tantech Holdings Accounts Receivable Historical Data

The historical data trend for Tantech Holdings'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.

Tantech Holdings Accounts Receivable Chart

Tantech Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.50 39.35 34.41 44.96 40.17

Tantech Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 36.37 44.96 47.01 40.17 41.16

Tantech Holdings Accounts Receivable Calculation

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


Tantech Holdings 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.

Tantech Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41.162/19.742*91
=380.51

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

Tantech Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(24.718+0.75 * 41.162+0.5 * 1.284-19.826
-0--2.262)/3.45791
=11.18

* 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.


Tantech Holdings Accounts Receivable Related Terms

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Tantech Holdings (Tantech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000
Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.