Company / Accounts Receivable
IT TECH PACKAGING, INC. Accounts Receivable History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$287.6K
FY2024
5-year range
$287.6K / $4.9M
FY2020-FY2024
Trend
-50.0%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable has fluctuated over the past 9 years, ranging from $287,576 in FY2024 to $5M in FY2021.
Based on SEC 10-K filings.
$287,576 in FY2024 with a 5-year CAGR of -37.9%.
Declined from $5M to $287,576 over the past 3 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- -61.1%
- 5-Year CAGR
- -37.9%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -37.9%, indicating a declining trend.
- In FY2024, accounts receivable decreased 50.0% year-over-year.
- Peak accounts receivable was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $287.6K | -50.0% |
| FY2023 | $575.5K | - |
| FY2022 | - | - |
| FY2021 | $4.9M | +56.1% |
| FY2020 | $3.1M | +0.0% |
| FY2019 | $3.1M | +8.4% |
| FY2018 | $2.9M | +56.0% |
| FY2017 | $1.8M | -52.7% |
| FY2016 | $3.9M | +104.5% |
| FY2015 | $1.9M | -48.9% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026