Hangzhou First Applied Material Co (SHSE:603806) Change In Receivables : ¥0 Mil (TTM As of Dec. 2023)

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What is Hangzhou First Applied Material Co Change In Receivables?

Hangzhou First Applied Material Co's change in receivables for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Hangzhou First Applied Material Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Hangzhou First Applied Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-3,042 Mil. It means Hangzhou First Applied Material Co's Accounts Receivable increased by ¥3,042 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou First Applied Material Co's Accounts Receivable for the quarter that ended in Dec. 2023 was ¥4,814 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 First Applied Material Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou First Applied Material Co's liquidation value for the three months ended in Dec. 2023 was ¥4,457 Mil.

Hangzhou First Applied Material Co Change In Receivables Historical Data

The historical data trend for Hangzhou First Applied Material 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 First Applied Material Co Change In Receivables Chart

Hangzhou First Applied Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-343.37

-1,597.92

-1,558.73

-1,803.26

-3,042.49

Hangzhou First Applied Material Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Hangzhou First Applied Material 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Hangzhou First Applied Material Co (SHSE:603806) 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 First Applied Material Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4813.575	/	5938.916	*	91
=	73.96

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

Hangzhou First Applied Material Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5340.879	-	6038.644	+	0.75 * 4813.575	+	0.5 * 3089.888
=	4,457

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Hangzhou First Applied Material Co (SHSE:603806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou First Applied Material Co Ltd (SHSE:603806) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

8 Fusite Street Lin'an, Hangzhou, CHN, 311300

Website

http://www.firstpvm.com

Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

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