Hangzhou Freely Communication Co (SHSE:603602) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Hangzhou Freely Communication Co Change In Receivables?

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

Hangzhou Freely Communication Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-226 Mil. It means Hangzhou Freely Communication Co's Accounts Receivable increased by ¥226 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Freely Communication Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥514 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. Hangzhou Freely Communication Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 114.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou Freely Communication Co's liquidation value for the three months ended in Mar. 2024 was ¥-290 Mil.

Hangzhou Freely Communication Co Change In Receivables Historical Data

The historical data trend for Hangzhou Freely Communication 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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Hangzhou Freely Communication Co Change In Receivables Chart

Hangzhou Freely Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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107.16

-23.52

200.92

-211.96

-225.53

Hangzhou Freely Communication 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															-	-	-	-	-

Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co (SHSE:603602) 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.

Hangzhou Freely Communication 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
=	514.012	/	409.134	*	91
=	114.64

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

Hangzhou Freely Communication 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)
=	133.16	-	919.893	+	0.75 * 514.012	+	0.5 * 223.133
=	-290

Hangzhou Freely Communication Co Change In Receivables Related Terms

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Hangzhou Freely Communication Co (SHSE:603602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Freely Communication Co Ltd (SHSE:603602) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012

Website

http://www.freelynet.com

Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.

Executives

Wu Hai Tao	Director
Wei Shi Chao	Director
Lin Ai Hua	Director
Su Wei Feng	Director
Zhu Jin Long	Director
Pu Shu	Director
Jia Li Ming	Director
Wu Jian Min	Supervisors

Hangzhou Freely Communication Co (SHSE:603602) Headlines

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