Harbin VITI Electronic Co (SHSE:603023) Change In Receivables : ¥0.00 Mil (TTM As of Mar. 2024)

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What is Harbin VITI Electronic Co Change In Receivables?

Harbin VITI Electronic Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.00 Mil. It means Harbin VITI Electronic Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Harbin VITI Electronic Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥19.73 Mil. It means Harbin VITI Electronic Co's Accounts Receivable declined by ¥19.73 Mil from Dec. 2022 to Dec. 2023 .

Harbin VITI Electronic Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥24.35 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. Harbin VITI Electronic Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 108.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harbin VITI Electronic Co's liquidation value for the three months ended in Mar. 2024 was ¥599.20 Mil.

Harbin VITI Electronic Co Change In Receivables Historical Data

The historical data trend for Harbin VITI Electronic 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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Harbin VITI Electronic Co Change In Receivables Chart

Harbin VITI Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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48.14

29.17

23.29

-20.17

19.73

Harbin VITI Electronic 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															-	-	-	-	-

Harbin VITI Electronic 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 ¥0.00 Mil.

Harbin VITI Electronic Co (SHSE:603023) 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.

Harbin VITI Electronic 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
=	24.349	/	20.534	*	91
=	108.20

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

Harbin VITI Electronic 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)
=	561.302	-	19.18	+	0.75 * 24.349	+	0.5 * 77.629
=	599.20

Harbin VITI Electronic Co Change In Receivables Related Terms

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Harbin VITI Electronic Co (SHSE:603023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Harbin VITI Electronic Co Ltd (SHSE:603023) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 11 West Haping Road, High-tech Development District, Heilongjiang Province, Harbin, CHN, 150060

Website

http://www.viti.net.cn

Harbin VITI Electronic Co Ltd is a domestic automotive electronic control product supplier. Its engaged in the research, manufacturing, and sale of electronic products for cars and buses. It's products include CAN bus control system, bus control unit, controller (ECU control unit), Combination of instruments, sensors and other products. The products are mainly used in passenger cars, trucks and military vehicles.

Executives

Wu Peng Cheng	senior management
Cui Jian Min	senior management
Chen Zhen Hua	Directors, senior managers
Yu Qiong	senior management
Bai Zhe Song	Director
Zhou Bao Tian	Supervisors
Liu Guo Ping	Director
Lv You Gang	senior management

Harbin VITI Electronic Co (SHSE:603023) Headlines

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