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Rayitek Hi-Tech Film Co (SHSE:688323) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)


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What is Rayitek Hi-Tech Film Co Change In Receivables?

Rayitek Hi-Tech Film Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Rayitek Hi-Tech Film Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Rayitek Hi-Tech Film Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥2.6 Mil. It means Rayitek Hi-Tech Film Co's Accounts Receivable declined by ¥2.6 Mil from Dec. 2023 to Dec. 2024 .

Rayitek Hi-Tech Film Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥83.3 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. Rayitek Hi-Tech Film Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 95.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rayitek Hi-Tech Film Co's liquidation value for the three months ended in Mar. 2025 was ¥-1,394.4 Mil.


Rayitek Hi-Tech Film Co Change In Receivables Historical Data

The historical data trend for Rayitek Hi-Tech Film 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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Rayitek Hi-Tech Film Co Change In Receivables Chart

Rayitek Hi-Tech Film Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -29.00 -1.87 14.57 -24.70 2.62

Rayitek Hi-Tech Film Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Rayitek Hi-Tech Film 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Rayitek Hi-Tech Film Co  (SHSE:688323) 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.

Rayitek Hi-Tech Film Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=83.282/79.257*91
=95.88

2. In Ben Graham's calculation of liquidation value, Rayitek Hi-Tech Film Co's accounts receivable are only considered to be worth 75% of book value:

Rayitek Hi-Tech Film Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=141.329-1641.925+0.75 * 83.282+0.5 * 87.433
=-1,394.4

* 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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Rayitek Hi-Tech Film Co Business Description

Traded in Other Exchanges
N/A
Address
Huamei Industrial Park, Songgang Subdistrict Office, Baoan District, Shenzhen, CHN, 518105
Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.
Executives
Xu Fei Core technical personnel
Yu Feng Director

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