Hezong Science and Technology Co (SZSE:300477) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Hezong Science and Technology Co Change In Receivables?

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

Hezong Science and Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-864 Mil. It means Hezong Science and Technology Co's Accounts Receivable increased by ¥864 Mil from Dec. 2022 to Dec. 2023 .

Hezong Science and Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,268 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. Hezong Science and Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 164.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hezong Science and Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-4,803 Mil.

Hezong Science and Technology Co Change In Receivables Historical Data

The historical data trend for Hezong Science and Technology 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.

* Premium members only.

Hezong Science and Technology Co Change In Receivables Chart

Hezong Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-44.98

769.94

-403.08

-592.01

-864.29

Hezong Science and Technology 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															-	-	-	-	-

Hezong Science and Technology 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.

Hezong Science and Technology Co (SZSE:300477) 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.

Hezong Science and Technology 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
=	1267.937	/	702.062	*	91
=	164.80

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

Hezong Science and Technology 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)
=	735.067	-	6917.314	+	0.75 * 1267.937	+	0.5 * 857.076
=	-4,803

Hezong Science and Technology Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hezong Science and Technology Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hezong Science and Technology Co (SZSE:300477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hezong Science and Technology Co Ltd (SZSE:300477) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085

Website

http://www.hezong-tech.com

Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.

Executives

Wei Qiang	Directors, executives
Han Guo Liang	Directors, executives
Zhang Shu	Directors, Directors, and Executives
Gao Xing	Director
Zhang Xiao Yi	Executives
Wang Wei Ping	Supervisors
Zhang Ren Zeng	Director
He Yun	Director
Zhang Quan Zhong	Supervisors
Liu Ze Gang	Director
Liu Wei Dong	Independent director
Wang Xiao Xin	Supervisors

Hezong Science and Technology Co (SZSE:300477) Headlines

No Headlines