Avic Heavy Machinery Co (SHSE:600765) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Avic Heavy Machinery Co Change In Receivables?

Avic Heavy Machinery Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Avic Heavy Machinery Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Avic Heavy Machinery Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-3,494 Mil. It means Avic Heavy Machinery Co's Accounts Receivable increased by ¥3,494 Mil from Dec. 2022 to Dec. 2023 .

Avic Heavy Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥6,935 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. Avic Heavy Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 238.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Avic Heavy Machinery Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,310 Mil.

Avic Heavy Machinery Co Change In Receivables Historical Data

The historical data trend for Avic Heavy Machinery 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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Avic Heavy Machinery Co Change In Receivables Chart

Avic Heavy Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-61.06

-341.87

-568.97

-3,353.08

-3,494.12

Avic Heavy Machinery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Avic Heavy Machinery 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Avic Heavy Machinery Co (SHSE:600765) 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.

Avic Heavy Machinery Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6935.372	/	2648.296	*	91
=	238.97

2. In Ben Graham's calculation of liquidation value, Avic Heavy Machinery Co's accounts receivable are only considered to be worth 75% of book value:

Avic Heavy Machinery Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4799.111	-	13098.844	+	0.75 * 6935.372	+	0.5 * 3577.15
=	-1,310

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Avic Heavy Machinery Co (SHSE:600765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avic Heavy Machinery Co Ltd (SHSE:600765) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 501, Beitun Road, Xintian Village, Wudang District, Guizhou Province, Guiyang, CHN, 550018

Website

http://www.hm.avic.com

Avic Heavy Machinery Co Ltd is a China-based company engaged in the development, production, and sale of both military and civilian-used high-end equipment. It manufactures hydraulic parts, hydraulic systems, forging products, heat exchangers and gas turbines in China. The company operates in the business areas of Forging business, Hydraulic business, and New energy business. In the Forging business, the company mainly produces die forgings, free forgings, isothermal forgings and rings of different materials. In Hydraulic business, the main products are various types of heat exchangers, high-speed rotating machinery (turbine, pumps, fans), oil tanks, cooling devices, high-temperature insulation components.

Executives

Li Yang	senior management
Hu Ling Hong	Directors, senior managers
Ji Sheng Li	senior management
Zhang Zheng Yuan	senior management
Mao Yuan	Supervisors
Ran Xing	Director
Wang Zhi Hong	senior management
Qiao Kun	senior management
Liu Zhong Wen	senior management
Sun Ji Bing	senior management
Li Xue Qin	Director
Jiang Chao	Director
Ji Su Chun	senior management
Huang Yun	Director
Hu Hai Yin	senior management

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