Northeast Electrical Development Co (HKSE:00042) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Northeast Electrical Development Co Change In Receivables?

Northeast Electrical Development Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Northeast Electrical Development Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Northeast Electrical Development Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$14.2 Mil. It means Northeast Electrical Development Co's Accounts Receivable declined by HK$14.2 Mil from Dec. 2022 to Dec. 2023 .

Northeast Electrical Development Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$41.9 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Northeast Electrical Development Co's liquidation value for the three months ended in Dec. 2023 was HK$-366.4 Mil.

Northeast Electrical Development Co Change In Receivables Historical Data

The historical data trend for Northeast Electrical Development 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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Northeast Electrical Development Co Change In Receivables Chart

Northeast Electrical Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.37

-10.54

-25.66

1.69

14.22

Northeast Electrical Development Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Northeast Electrical Development 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Northeast Electrical Development Co (HKSE:00042) 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.

Northeast Electrical Development Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	41.925	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Northeast Electrical Development Co's accounts receivable are only considered to be worth 75% of book value:

Northeast Electrical Development Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.048	-	416.463	+	0.75 * 41.925	+	0.5 * 23.173
=	-366.4

Northeast Electrical Development Co Change In Receivables Related Terms

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Northeast Electrical Development Co (HKSE:00042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Northeast Electrical Development Co Ltd (HKSE:00042) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7 Guoxing Road, Meilan District, 22nd Floor, HNA Plaza, Hainan Province, Haikou, CHN, 570203

Website

https://www.neeq.com.cn

Northeast Electrical Development Co Ltd is mainly engaged in the R&D, design, production and sales businesses of products related to power transmission and transformation equipment as well as hotel catering and accommodation services. The products offered by the company include enclosed busbars which are applied to the power system field and are used to enhance transmission capacity of power transmission lines and support transmission of the high-power electric energy.

Executives

Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si

2201 Interest of corporation controlled by you

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