AECC Aero-Engine Controls Co (SZSE:000738) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is AECC Aero-Engine Controls Co Change In Receivables?

AECC Aero-Engine Controls Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means AECC Aero-Engine Controls Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

AECC Aero-Engine Controls Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-195 Mil. It means AECC Aero-Engine Controls Co's Accounts Receivable increased by ¥195 Mil from Dec. 2022 to Dec. 2023 .

AECC Aero-Engine Controls Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,777 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. AECC Aero-Engine Controls Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 179.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AECC Aero-Engine Controls Co's liquidation value for the three months ended in Mar. 2024 was ¥3,136 Mil.

AECC Aero-Engine Controls Co Change In Receivables Historical Data

The historical data trend for AECC Aero-Engine Controls 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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AECC Aero-Engine Controls Co Change In Receivables Chart

AECC Aero-Engine Controls Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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320.20

-794.50

-927.07

-266.86

-194.95

AECC Aero-Engine Controls 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															-	-	-	-	-

AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co (SZSE:000738) 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.

AECC Aero-Engine Controls 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
=	2777.078	/	1415.163	*	91
=	179.07

2. In Ben Graham's calculation of liquidation value, AECC Aero-Engine Controls Co's accounts receivable are only considered to be worth 75% of book value:

AECC Aero-Engine Controls 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)
=	3853.734	-	3510.971	+	0.75 * 2777.078	+	0.5 * 1420.84
=	3,136

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AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aero-Engine Controls Co Ltd (SZSE:000738) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN

Website

http://www.aaec.com.cn

AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

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