Qian Xun Technology (HKSE:01640) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2024)

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What is Qian Xun Technology Change In Receivables?

Qian Xun Technology's change in receivables for the quarter that ended in Dec. 2024 was HK$0.0 Mil. It means Qian Xun Technology's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Qian Xun Technology's change in receivables for the fiscal year that ended in Dec. 2024 was HK$43.4 Mil. It means Qian Xun Technology's Accounts Receivable declined by HK$43.4 Mil from Dec. 2023 to Dec. 2024 .

Qian Xun Technology's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$86.5 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. Qian Xun Technology's Days Sales Outstanding for the six months ended in Dec. 2024 was 51.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qian Xun Technology's liquidation value for the six months ended in Dec. 2024 was HK$-219.9 Mil.

Qian Xun Technology Change In Receivables Historical Data

The historical data trend for Qian Xun 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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Qian Xun Technology Change In Receivables Chart

Qian Xun Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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86.48

17.71

-247.20

-21.39

43.38

Qian Xun Technology Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

Qian Xun 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Qian Xun Technology (HKSE:01640) 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.

Qian Xun Technology's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	86.527	/	309.293	*	91
=	51.06

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

Qian Xun Technology's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	36.265	-	326.055	+	0.75 * 86.527	+	0.5 * 9.987
=	-219.9

Qian Xun Technology Change In Receivables Related Terms

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Qian Xun Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Qian Xun Technology Ltd (HKSE:01640) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 136 Zhongkang Road, 6th Floor, Building 1, Shenzhen New Generation Industrial Park, Meilin Street, Futian District, Shenzhen, CHN

Website

http://www.fprice.cn

Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, is dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. It has recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.

Executives

Sang Kangqiao	2101 Beneficial owner
Li Ye	2101 Beneficial owner
Wang Pingpin	2201 Interest of corporation controlled by you
Wang Lei	2201 Interest of corporation controlled by you
Li Na	2201 Interest of corporation controlled by you
Wang Xin	2201 Interest of corporation controlled by you
Zhang Miao	2202 Interest of your spouse
Ying Heng You Xian Gong Si	2101 Beneficial owner
Shi Rui	2202 Interest of your spouse
Ju Jia You Xian Gong Si	2101 Beneficial owner
Rui Cheng Tian He You Xian Gong Si	2101 Beneficial owner
You Yi You Xian Gong Si	2101 Beneficial owner
Wei Chun Lei	2202 Interest of your spouse

Qian Xun Technology Headlines

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