Reasons for the increase of accounts receivable of Tomson Bianjian
Mainly due to the increase of sales scale and practice, the company will give credit lines to some customers at the beginning of the year and collect them centrally at the end of the year. In the report of the third quarter of 2022, the ending balance of accounts receivable increased significantly compared with the beginning of the year, mainly because, according to the usual practice, the company will give credit lines to some customers at the beginning of the year and collect them centrally at the middle and end of the year, so the balance of accounts receivable in the middle of the year is greater than that at the beginning of the year.