QX上市公司应收账款现状分析

Status Analysis on Accounts Receivable of QX Listing Corporation

统计分析了2014年A股上市公司应收账款的总体情况,并对QX公司应收账款情况进行了深度分析,对该公司2010至2014年应收账款增长率、营业收入增长率、应收账款周转率、应收账款账龄、大客户比例等指标进行了统计对比,发现该公司应收账款增长与营业收入增长相背离的事实,提出财务信息失真的可能性。以期提醒股民关注营运风险,正确评估公司价值,使股票价格与公司价值匹配。

In this paper,a statistical analysis has been made of the overall situation of the A-share listed companies＇ accounts receivables in 2014,especially of QX＇s. Based on the comparative analysis of its indexes such as receivables growth,revenue growth,receivables turnover ratio,aging of receivables and its proportion of large customers from 2010 to 2014,the fact has been revealed that the company＇s account receivables growth and its revenue growth deviates from each other,and then the paper points out the possibility of the financial information distortion in this company. The case discussed in this paper aims to warn the investors to be aware of the risks,to make a proper judgment on a company＇s value and its stock prices.