ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2016

3	ACCOUNTS RECEIVABLE

Accounts receivable consists of the following:

	December 31,
	2015		2016
	RMB		RMB
Accounts receivable:
Gross		237,624		214,142
Unearned interest		(15,997)		(15,130)
Total accounts receivable		221,627		199,012
Less: allowance for doubtful accounts		(66,857)		(100,462)
Accounts receivable, net		154,770		98,550

The classification of accounts receivable is as follows:

	December 31,
	2015		2016
	RMB		RMB
Accounts receivable, net – current portion		146,999		97,374
Accounts receivable, net – non-current portion		7,771		1,176
Total accounts receivable, net		154,770		98,550

The movements of the allowance for doubtful accounts are as follows:

	Year Ended December 31,
	2014		2015		2016
	RMB		RMB		RMB
Balance at the beginning of the year		14,041		35,347		66,857
Additions charged to bad debt expense		46,000		63,103		33,605
Write-off of bad debt allowance		(24,694)		(31,593)		-
Balance at the end of the year		35,347		66,857		100,462

The aging analysis of our accounts receivable based on due date is as follows:

	As of December 31,
	2015		2016
	RMB		RMB
Aging:
– current		104,368		78,276
– 1-3 months past due		37,005		15,306
– 4-6 months past due		13,373		10,846
– 7-12 months past due		18,015		22,748
– greater than one year past due		48,866		71,836
Total accounts receivable		221,627		199,012

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details