Tianju Dihe (Suzhou) Technology Co (HKSE:02479) Change In Receivables : HK$-101.7 Mil (TTM As of Jun. 2024)

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What is Tianju Dihe (Suzhou) Technology Co Change In Receivables?

Tianju Dihe (Suzhou) Technology Co's change in receivables for the quarter that ended in Jun. 2024 was HK$-85.4 Mil. It means Tianju Dihe (Suzhou) Technology Co's Accounts Receivable increased by HK$85.4 Mil from Dec. 2023 to Jun. 2024 .

Tianju Dihe (Suzhou) Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-64.5 Mil. It means Tianju Dihe (Suzhou) Technology Co's Accounts Receivable increased by HK$64.5 Mil from Dec. 2022 to Dec. 2023 .

Tianju Dihe (Suzhou) Technology Co's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$267.4 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. Tianju Dihe (Suzhou) Technology Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 175.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tianju Dihe (Suzhou) Technology Co's liquidation value for the six months ended in Jun. 2024 was HK$594.8 Mil.

Tianju Dihe (Suzhou) Technology Co Change In Receivables Historical Data

The historical data trend for Tianju Dihe (Suzhou) Technology 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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Tianju Dihe (Suzhou) Technology Co Change In Receivables Chart

Tianju Dihe (Suzhou) Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-36.28

-41.81

-64.52

Tianju Dihe (Suzhou) Technology Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Change In Receivables	-	-	-48.25	-16.27	-85.39

Tianju Dihe (Suzhou) Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-101.7 Mil.

Tianju Dihe (Suzhou) Technology Co (HKSE:02479) 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.

Tianju Dihe (Suzhou) Technology Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	267.396	/	278.518	*	91
=	175.21

2. In Ben Graham's calculation of liquidation value, Tianju Dihe (Suzhou) Technology Co's accounts receivable are only considered to be worth 75% of book value:

Tianju Dihe (Suzhou) Technology Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	518.861	-	136.974	+	0.75 * 267.396	+	0.5 * 24.67
=	594.8

Tianju Dihe (Suzhou) Technology Co Change In Receivables Related Terms

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Tianju Dihe (Suzhou) Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tianju Dihe (Suzhou) Technology Co Ltd (HKSE:02479) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Rongfu Street, 16th floor, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN

Website

https://www.juhe.cn

Tianju Dihe (Suzhou) Technology Co Ltd is an integrated API-enabled data exchange service provider in China. It provide data management solutions, which are customized softwares comprising one or more of our products, including APIMaster, DataArts, QuickBot, SmartShield and AnchorChain. It customers include enterprises such as Tencent, Alibaba, Baidu, NetEase, Meituan, China Mobile, China Unicom, China Telecom, and many other internet companies.

Executives

Hua Huan	2202 Interest of your spouse
Zuo Lei	2101 Beneficial owner
Qiu Jian Qiang	2101 Beneficial owner
Jing Dong Ke Ji Kong Gu Gu Fen You Xian Gong Si	2101 Beneficial owner
Liu Qiangdong Richard	2201 Interest of corporation controlled by you

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