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Advanced Technology & Materials Co (SZSE:000969) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Advanced Technology & Materials Co Change In Receivables?

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

Advanced Technology & Materials Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥22 Mil. It means Advanced Technology & Materials Co's Accounts Receivable declined by ¥22 Mil from Dec. 2022 to Dec. 2023 .

Advanced Technology & Materials Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,334 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. Advanced Technology & Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advanced Technology & Materials Co's liquidation value for the three months ended in Mar. 2024 was ¥-80 Mil.


Advanced Technology & Materials Co Change In Receivables Historical Data

The historical data trend for Advanced Technology & Materials 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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Advanced Technology & Materials Co Change In Receivables Chart

Advanced Technology & Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.93 -97.01 206.32 -160.85 22.17

Advanced Technology & Materials 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 - - - - -

Advanced Technology & Materials 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.


Advanced Technology & Materials Co  (SZSE:000969) 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.

Advanced Technology & Materials 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
=1333.759/1891.072*91
=64.36

2. In Ben Graham's calculation of liquidation value, Advanced Technology & Materials Co's accounts receivable are only considered to be worth 75% of book value:

Advanced Technology & Materials 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)
=2301.624-4631.164+0.75 * 1333.759+0.5 * 2499.362
=-80

* 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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Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.
Executives
Gao Ai Sheng Supervisors
Su Guo Ping Directors, executives
Wang Tie Jun Executives
Li Jun Feng Director
Wang She Jiao Director
Yang Wen Yi Executives
Yang Chun Jie Securities Affairs Representative
Zhang Jin Hua Executives
Jiang Jin Feng Supervisors
Zhao Shi Qian Directors, executives
Tian Zhi Ling Director
Zhou Shao Xiong Executives
Jin Ming Chang Supervisors
Wang Huai Supervisors
Zhao Pei Directors, executives

Advanced Technology & Materials Co (SZSE:000969) Headlines

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