Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)

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What is Shanxi Changcheng Microlight Equipment Co Change In Receivables?

Shanxi Changcheng Microlight Equipment Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Shanxi Changcheng Microlight Equipment Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Shanxi Changcheng Microlight Equipment Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-7.66 Mil. It means Shanxi Changcheng Microlight Equipment Co's Accounts Receivable increased by HK$7.66 Mil from Dec. 2022 to Dec. 2023 .

Shanxi Changcheng Microlight Equipment Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$18.62 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanxi Changcheng Microlight Equipment Co's liquidation value for the three months ended in Dec. 2023 was HK$-284.58 Mil.

Shanxi Changcheng Microlight Equipment Co Change In Receivables Historical Data

The historical data trend for Shanxi Changcheng Microlight Equipment Co's Change In Receivables 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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Shanxi Changcheng Microlight Equipment Co Change In Receivables Chart

Shanxi Changcheng Microlight Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-19.52

6.41

9.60

-1.01

-7.66

Shanxi Changcheng Microlight Equipment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Shanxi Changcheng Microlight Equipment Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Change In Receivables 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 Receivable are being managed.

Shanxi Changcheng Microlight Equipment Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.623	/	-5.094	*	91
=

2. In Ben Graham's calculation of liquidation value, Shanxi Changcheng Microlight Equipment Co's accounts receivable are only considered to be worth 75% of book value:

Shanxi Changcheng Microlight Equipment Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.303	-	306.226	+	0.75 * 18.623	+	0.5 * 14.753
=	-284.58

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Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanxi Changcheng Microlight Equipment Co Ltd (HKSE:08286) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN

Website

http://www.sxccoe.com

Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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