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Jiangsu SINOJIT Wind Energy Technology Co (SHSE:601218) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


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What is Jiangsu SINOJIT Wind Energy Technology Co Change In Receivables?

Jiangsu SINOJIT Wind Energy Technology Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Jiangsu SINOJIT Wind Energy Technology Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Jiangsu SINOJIT Wind Energy Technology Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥209 Mil. It means Jiangsu SINOJIT Wind Energy Technology Co's Accounts Receivable declined by ¥209 Mil from Dec. 2023 to Dec. 2024 .

Jiangsu SINOJIT Wind Energy Technology Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥547 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. Jiangsu SINOJIT Wind Energy Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 147.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangsu SINOJIT Wind Energy Technology Co's liquidation value for the three months ended in Mar. 2025 was ¥562 Mil.


Jiangsu SINOJIT Wind Energy Technology Co Change In Receivables Historical Data

The historical data trend for Jiangsu SINOJIT Wind Energy 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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Jiangsu SINOJIT Wind Energy Technology Co Change In Receivables Chart

Jiangsu SINOJIT Wind Energy Technology 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 185.79 -58.70 162.72 189.59 209.31

Jiangsu SINOJIT Wind Energy Technology 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 - - - - -

Jiangsu SINOJIT Wind Energy 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 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.


Jiangsu SINOJIT Wind Energy Technology Co  (SHSE:601218) 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.

Jiangsu SINOJIT Wind Energy Technology 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
=547.042/338.137*91
=147.63

2. In Ben Graham's calculation of liquidation value, Jiangsu SINOJIT Wind Energy Technology Co's accounts receivable are only considered to be worth 75% of book value:

Jiangsu SINOJIT Wind Energy Technology 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)
=816.073-790.946+0.75 * 547.042+0.5 * 253.921
=562

* 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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Jiangsu SINOJIT Wind Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Naxiang Road, Yunting Street, Jiangsu, Jiangyin, CHN, 214422
Jiangsu SINOJIT Wind Energy Technology Co Ltd is a China-based company which is engaged in the research, development, manufacture and distribution of wind turbine parts. It provides wind turbine wheel hubs, bases, girders, bearing seats and other wind power casting products. The company's main brand is SINOJIT. The company distributes its products in domestic and to overseas markets.
Executives
Zhu Wang Jie senior management
Zhang Yan Min Directors, senior managers
Yang Yang Directors, senior managers
Zou Ze Hua senior management
Bao Shi Jin Director
Zhou Yi Zhong senior management
Xi Qing Bin senior management
Hua Yong Luo Director
Bao Zhen Hua Director
Lu Wei Zhong senior management
Zhuang Yu Liang senior management
Wang Qiang Supervisors
Chen Yu Fang Supervisors

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