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Zhangjiagang Guangda Special Material Co (SHSE:688186) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Zhangjiagang Guangda Special Material Co Change In Receivables?

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

Zhangjiagang Guangda Special Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,051 Mil. It means Zhangjiagang Guangda Special Material Co's Accounts Receivable increased by ¥1,051 Mil from Dec. 2022 to Dec. 2023 .

Zhangjiagang Guangda Special Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,198 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. Zhangjiagang Guangda Special Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 122.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhangjiagang Guangda Special Material Co's liquidation value for the three months ended in Mar. 2024 was ¥-4,500 Mil.


Zhangjiagang Guangda Special Material Co Change In Receivables Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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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Zhangjiagang Guangda Special Material Co Change In Receivables Chart

Zhangjiagang Guangda Special Material Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -232.17 -850.81 -1,210.74 -1,216.78 -1,050.86

Zhangjiagang Guangda Special Material 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Zhangjiagang Guangda Special Material 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.

* 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.


Zhangjiagang Guangda Special Material Co  (SHSE:688186) 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.

Zhangjiagang Guangda Special Material 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
=1197.994/892.155*91
=122.53

2. In Ben Graham's calculation of liquidation value, Zhangjiagang Guangda Special Material Co's accounts receivable are only considered to be worth 75% of book value:

Zhangjiagang Guangda Special Material 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)
=532.146-6934.915+0.75 * 1197.994+0.5 * 2008.215
=-4,500

* 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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Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description

Traded in Other Exchanges
N/A
Address
Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
Executives
Gu Jin Cai senior management
Zhou Qing Chun Core technical personnel

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