Guangzhou Newlife New Material Co (SZSE:301323) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Guangzhou Newlife New Material Co Change In Receivables?

Guangzhou Newlife New Material Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Guangzhou Newlife New Material Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangzhou Newlife New Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-59.6 Mil. It means Guangzhou Newlife New Material Co's Accounts Receivable increased by ¥59.6 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Newlife New Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥134.9 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. Guangzhou Newlife New Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangzhou Newlife New Material Co's liquidation value for the three months ended in Mar. 2024 was ¥542.1 Mil.

Guangzhou Newlife New Material Co Change In Receivables Historical Data

The historical data trend for Guangzhou Newlife New 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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Guangzhou Newlife New Material Co Change In Receivables Chart

Guangzhou Newlife New Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-26.32

-22.44

8.23

56.65

-59.61

Guangzhou Newlife New Material Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

Guangzhou Newlife New 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 ¥0.0 Mil.

Guangzhou Newlife New Material Co (SZSE:301323) 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.

Guangzhou Newlife New 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
=	134.935	/	190.177	*	91
=	64.74

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

Guangzhou Newlife New 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)
=	494.528	-	118.657	+	0.75 * 134.935	+	0.5 * 130.065
=	542.1

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Guangzhou Newlife New Material Co (SZSE:301323) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No. 4, Canghai 4th Road, Guangzhou Economic and Technological Development Zone, Yonghe Economic Zone, Guangdong, Guangzhou, CHN, 511356

Website

http://www.kingmagnet.com

Guangzhou Newlife New Material Co Ltd is focused on the research and development and production of magnetic materials, electronic ceramic materials and devices. Its products are divided into two major product directions: civil and industrial. Industrial products mainly focus on the research and development and production of mobile phones and micro-motor peripheral products, including varistors, copper (high specific gravity alloys), thermistors (NTC), high-energy radiation protection materials, medical radiation shielding materials, nuclear radiation shielding materials, etc. Civilian products include magnetic glue materials, magnetic products, Jingyisi, magnetic advertising materials, soft magnetic coatings, etc.

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