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Shandong Golden Empire Precision Machinery Technology Co (SHSE:603270) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


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What is Shandong Golden Empire Precision Machinery Technology Co Change In Receivables?

Shandong Golden Empire Precision Machinery Technology Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Shandong Golden Empire Precision Machinery Technology Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Shandong Golden Empire Precision Machinery Technology Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-383 Mil. It means Shandong Golden Empire Precision Machinery Technology Co's Accounts Receivable increased by ¥383 Mil from Dec. 2023 to Dec. 2024 .

Shandong Golden Empire Precision Machinery Technology Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥657 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. Shandong Golden Empire Precision Machinery Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 157.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Golden Empire Precision Machinery Technology Co's liquidation value for the three months ended in Mar. 2025 was ¥-141 Mil.


Shandong Golden Empire Precision Machinery Technology Co Change In Receivables Historical Data

The historical data trend for Shandong Golden Empire Precision Machinery 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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Shandong Golden Empire Precision Machinery Technology Co Change In Receivables Chart

Shandong Golden Empire Precision Machinery Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -165.09 -143.74 -174.60 -124.01 -382.97

Shandong Golden Empire Precision Machinery Technology Co Quarterly Data
Dec19 Dec20 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 - - - - -

Shandong Golden Empire Precision Machinery 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.


Shandong Golden Empire Precision Machinery Technology Co  (SHSE:603270) 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.

Shandong Golden Empire Precision Machinery 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
=656.517/381.401*91
=157.07

2. In Ben Graham's calculation of liquidation value, Shandong Golden Empire Precision Machinery Technology Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Golden Empire Precision Machinery 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)
=475.711-1341.594+0.75 * 656.517+0.5 * 464.974
=-141

* 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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Shandong Golden Empire Precision Machinery Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Zhengjia Town Industrial Zone, Dongchangfu, Shandong, Liaocheng, CHN, 252035
Shandong Golden Empire Precision Machinery Technology Co Ltd is engaged in Research and development, production and sales of precision mechanical parts.

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