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Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Jiangyin Hengrun Heavy Industries Co Change In Receivables?

Jiangyin Hengrun Heavy Industries Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Jiangyin Hengrun Heavy Industries Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Jiangyin Hengrun Heavy Industries Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-189 Mil. It means Jiangyin Hengrun Heavy Industries Co's Accounts Receivable increased by ¥189 Mil from Dec. 2022 to Dec. 2023 .

Jiangyin Hengrun Heavy Industries Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥522 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. Jiangyin Hengrun Heavy Industries Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 112.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangyin Hengrun Heavy Industries Co's liquidation value for the three months ended in Sep. 2024 was ¥-145 Mil.


Jiangyin Hengrun Heavy Industries Co Change In Receivables Historical Data

The historical data trend for Jiangyin Hengrun Heavy Industries 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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Jiangyin Hengrun Heavy Industries Co Change In Receivables Chart

Jiangyin Hengrun Heavy Industries 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 -129.13 -111.68 -128.60 -235.09 -188.59

Jiangyin Hengrun Heavy Industries Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Jiangyin Hengrun Heavy Industries 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 Sep. 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.


Jiangyin Hengrun Heavy Industries Co  (SHSE:603985) 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.

Jiangyin Hengrun Heavy Industries Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=521.922/424.149*91
=112.28

2. In Ben Graham's calculation of liquidation value, Jiangyin Hengrun Heavy Industries Co's accounts receivable are only considered to be worth 75% of book value:

Jiangyin Hengrun Heavy Industries Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=340.416-1239.164+0.75 * 521.922+0.5 * 725.21
=-145

* 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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Jiangyin Hengrun Heavy Industries Co Business Description

Traded in Other Exchanges
N/A
Address
A Area European Industrial Zone, ZhouZhuang Town, Jiangsu Province, Jiangyin, CHN, 214400
Jiangyin Hengrun Heavy Industries Co Ltd is a manufacturer of flanges and forgings, which are mainly made of stainless steel, carbon steel and alloy steel materials. Its products portfolio ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, as well as bearing and gear blanks, and tube sheets and discs.
Executives
Zhou Hong Liang Director
Cheng Li Xin Director

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