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Neusoft (SHSE:600718) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Neusoft Change In Receivables?

Neusoft's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Neusoft's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Neusoft's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-349 Mil. It means Neusoft's Accounts Receivable increased by ¥349 Mil from Dec. 2022 to Dec. 2023 .

Neusoft's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,283 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. Neusoft's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Neusoft's liquidation value for the three months ended in Mar. 2024 was ¥-2,637 Mil.


Neusoft Change In Receivables Historical Data

The historical data trend for Neusoft'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.

Neusoft Change In Receivables Chart

Neusoft Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -346.38 17.90 121.52 -253.53 -349.35

Neusoft Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Neusoft 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. 2024 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.


Neusoft  (SHSE:600718) 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.

Neusoft's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1282.843/1830.426*91
=63.95

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

Neusoft's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2755.937-9114.175+0.75 * 1282.843+0.5 * 5518.579
=-2,637

* 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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Neusoft (SHSE:600718) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.
Executives
Gai Long Jia senior management
Wang Jing Xi senior management
Zhang Xiao Ou senior management
Wang Yong Feng Directors, senior managers
Chen Xi Min Directors, senior managers
Wang Nan senior management
Xu Hong Li senior management
Li Jun senior management
Liu Ji Ren Director
Diao Ai Li Supervisors
Yang Wei Supervisors
Lu Chao Xia senior management
Zhang Xia senior management
Jian Guo Dong senior management
Ge Sheng Liu Supervisors

Neusoft (SHSE:600718) Headlines

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