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Ningbo Water Meter (Group) Co (SHSE:603700) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


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What is Ningbo Water Meter (Group) Co Change In Receivables?

Ningbo Water Meter (Group) Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Ningbo Water Meter (Group) Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Ningbo Water Meter (Group) Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-55 Mil. It means Ningbo Water Meter (Group) Co's Accounts Receivable increased by ¥55 Mil from Dec. 2023 to Dec. 2024 .

Ningbo Water Meter (Group) Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥765 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. Ningbo Water Meter (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 262.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ningbo Water Meter (Group) Co's liquidation value for the three months ended in Mar. 2025 was ¥430 Mil.


Ningbo Water Meter (Group) Co Change In Receivables Historical Data

The historical data trend for Ningbo Water Meter (Group) 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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Ningbo Water Meter (Group) Co Change In Receivables Chart

Ningbo Water Meter (Group) 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 -237.32 -172.31 -142.62 -58.45 -54.88

Ningbo Water Meter (Group) 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 - - - - -

Ningbo Water Meter (Group) 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.


Ningbo Water Meter (Group) Co  (SHSE:603700) 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.

Ningbo Water Meter (Group) 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
=764.591/266.021*91
=262.27

2. In Ben Graham's calculation of liquidation value, Ningbo Water Meter (Group) Co's accounts receivable are only considered to be worth 75% of book value:

Ningbo Water Meter (Group) 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)
=312.857-665.248+0.75 * 764.591+0.5 * 418.232
=430

* 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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Ningbo Water Meter (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
Executives
Chen Xiang Supervisors
Xu Yun Director
Wang Kai Ta Director
Zhang Shi Hao Director
Wang Zong Hui Director
Zhang Lin Director
Lin Qi Supervisors
Chen Hai Hua Supervisors
Xu Da Wei senior management
Zhao Shao Man Director

Ningbo Water Meter (Group) Co Headlines

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