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Guangdong Champion Asia Electronics Co (SHSE:603386) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangdong Champion Asia Electronics Co Change In Receivables?

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

Guangdong Champion Asia Electronics Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥56 Mil. It means Guangdong Champion Asia Electronics Co's Accounts Receivable declined by ¥56 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Champion Asia Electronics Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥529 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. Guangdong Champion Asia Electronics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Champion Asia Electronics Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,258 Mil.


Guangdong Champion Asia Electronics Co Change In Receivables Historical Data

The historical data trend for Guangdong Champion Asia Electronics 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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Guangdong Champion Asia Electronics Co Change In Receivables Chart

Guangdong Champion Asia Electronics Co 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 -307.28 -58.46 -202.56 57.16 55.68

Guangdong Champion Asia Electronics Co 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 - - - - -

Guangdong Champion Asia Electronics 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. 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.


Guangdong Champion Asia Electronics Co  (SHSE:603386) 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.

Guangdong Champion Asia Electronics Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=528.871/484.528*91
=99.60

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

Guangdong Champion Asia Electronics Co'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)
=81.102-1919.086+0.75 * 528.871+0.5 * 367.521
=-1,258

* 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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Guangdong Champion Asia Electronics Co (SHSE:603386) Business Description

Traded in Other Exchanges
N/A
Address
25 Digital Industrial Park, Sandong Town, Guangdong Province, Huicheng District, Huizhou, CHN
Guangdong Champion Asia Electronics Co Ltd specializes in the printed circuit board industry. It is mainly engaged in the development, production and sales of printed circuit boards, and printed circuit board tables. The company's main products include double-panel, multi-layer boards including SMT products. The products are mainly used in IT communication equipment, consumer electronics, computers and peripherals, automotive electronics, industrial control energy and other industries.

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