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China Soar Information Technology (China Soar Information Technology) Change In Receivables : $0.00 Mil (TTM As of Apr. 2019)


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What is China Soar Information Technology Change In Receivables?

China Soar Information Technology's change in receivables for the quarter that ended in Apr. 2019 was $0.00 Mil. It means China Soar Information Technology's Accounts Receivable stayed the same from Jan. 2019 to Apr. 2019 .

China Soar Information Technology's change in receivables for the fiscal year that ended in Jul. 2018 was $0.00 Mil. It means China Soar Information Technology's Accounts Receivable stayed the same from Jul. 2017 to Jul. 2018 .

China Soar Information Technology's Accounts Receivable for the quarter that ended in Apr. 2019 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Soar Information Technology's liquidation value for the three months ended in Apr. 2019 was $-0.02 Mil.


China Soar Information Technology Change In Receivables Historical Data

The historical data trend for China Soar Information Technology'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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China Soar Information Technology Change In Receivables Chart

China Soar Information Technology Annual Data
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Change In Receivables
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China Soar Information Technology Quarterly Data
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China Soar Information Technology 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 Apr. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


China Soar Information Technology  (OTCPK:CNRQ) 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.

China Soar Information Technology's Days Sales Outstanding for the quarter that ended in Apr. 2019 is calculated as:

2. In Ben Graham's calculation of liquidation value, China Soar Information Technology's accounts receivable are only considered to be worth 75% of book value:

China Soar Information Technology's liquidation value for the quarter that ended in Apr. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-0.021+0.75 * 0+0.5 * 0
=-0.02

* 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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China Soar Information Technology (China Soar Information Technology) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, North Point, Room 803, 8th Floor, K.Wah Centre,, Hong Kong, HKG
Website
China Soar Information Technology Inc develops, markets, and sells Internet mobile application (MIMA) to entrepreneurs and small businesses in North America, South America, and Europe. It offers MIMA, a cloud platform that helps merchants to create a WEB/WAP e-commerce Website or cell phone client and enterprise mobile management information system.

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