YanGuFang International Group Co (YanGuFang International Group Co) Accounts Receivable : $2.61 Mil (As of Dec. 2022)

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What is YanGuFang International Group Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. YanGuFang International Group Co's accounts receivables for the quarter that ended in Dec. 2022 was $2.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. YanGuFang International Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 20.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. YanGuFang International Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-1.27.

YanGuFang International Group Co Accounts Receivable Historical Data

The historical data trend for YanGuFang International Group 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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YanGuFang International Group Co Accounts Receivable Chart

YanGuFang International Group Co Annual Data

Trend

Jun20

Jun21

Jun22

Accounts Receivable

14.31

0.04

2.51

YanGuFang International Group Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Accounts Receivable	Get a 7-Day Free Trial			-	0.04	1.33	2.51	2.61

YanGuFang International Group Co Accounts Receivable Calculation

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

YanGuFang International Group 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.

YanGuFang International Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.612	/	23.712	*	91
=	20.10

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

YanGuFang International Group Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(6.853	+	0.75 * 2.612	+	0.5 * 5.443	-	52.187
-	0	-	0)	/	32
=	-1.27

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.

YanGuFang International Group Co Accounts Receivable Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YanGuFang International Group Co Ltd (OTCPK:YGFGF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100

Website

http://www.yangufang.com

YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.