GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kingfa Sci & Tec Co Ltd (SHSE:600143) » Definitions » Change In Receivables

Kingfa Sci & Tec Co (SHSE:600143) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Kingfa Sci & Tec Co Change In Receivables?

Kingfa Sci & Tec Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Kingfa Sci & Tec Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Kingfa Sci & Tec Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥588 Mil. It means Kingfa Sci & Tec Co's Accounts Receivable declined by ¥588 Mil from Dec. 2023 to Dec. 2024 .

Kingfa Sci & Tec Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥7,674 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. Kingfa Sci & Tec Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 44.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kingfa Sci & Tec Co's liquidation value for the three months ended in Mar. 2025 was ¥-27,731 Mil.


Kingfa Sci & Tec Co Change In Receivables Historical Data

The historical data trend for Kingfa Sci & Tec 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.

* Premium members only.

Kingfa Sci & Tec Co Change In Receivables Chart

Kingfa Sci & Tec Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -644.63 -3,706.79 -620.58 -2,548.89 587.77

Kingfa Sci & Tec 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 - - - - -

Kingfa Sci & Tec 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 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.


Kingfa Sci & Tec Co  (SHSE:600143) 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.

Kingfa Sci & Tec 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
=7674.102/15666*91
=44.70

2. In Ben Graham's calculation of liquidation value, Kingfa Sci & Tec Co's accounts receivable are only considered to be worth 75% of book value:

Kingfa Sci & Tec 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)
=5570.51-42911.528+0.75 * 7674.102+0.5 * 7709.078
=-27,731

* 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.


Kingfa Sci & Tec Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Kingfa Sci & Tec Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingfa Sci & Tec Co Business Description

Traded in Other Exchanges
N/A
Address
No.33, Kefeng Road, Department of Finance, Science City, Hi - Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
Kingfa Sci & Tec Co Ltd is a China-based company engaged in the modified plastics industry. Its products include the development of modified plastics, fully biodegradable plastics, high-performance carbon fiber and composite materials, special engineering plastics, environmentally-friendly recycled plastics, fire retardant, and toughened plastics.
Executives
Zhu Xiu Mei Supervisors
Huang He Sheng senior management
Shen Hong Bo Supervisors
Ning Hong Tao Director
Li Hua Xiang Director
Chen Ping Xu Director
Chen Nian De Director
Feng Zhong Jie senior management
Li Peng Director
Zhang Ming Jiang Supervisors
Dai Yao Shan senior management
Liao Meng Yuan Supervisors
Ding Chao Supervisors
Ye Nan Biao Supervisors
Wu Di Directors, senior managers

Kingfa Sci & Tec Co Headlines

No Headlines