Beijing Piesat Information Technology Co (SHSE:688066) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Beijing Piesat Information Technology Co Change In Receivables?

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

Beijing Piesat Information Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-236 Mil. It means Beijing Piesat Information Technology Co's Accounts Receivable increased by ¥236 Mil from Dec. 2022 to Dec. 2023 .

Beijing Piesat Information Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,089 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. Beijing Piesat Information Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 861.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Beijing Piesat Information Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,024 Mil.

Beijing Piesat Information Technology Co Change In Receivables Historical Data

The historical data trend for Beijing Piesat Information Technology 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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Beijing Piesat Information Technology Co Change In Receivables Chart

Beijing Piesat Information Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-207.78

-185.76

-618.24

-989.68

-235.79

Beijing Piesat Information Technology 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															-	-	-	-	-

Beijing Piesat Information Technology 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.

Beijing Piesat Information Technology Co (SHSE:688066) 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.

Beijing Piesat Information Technology 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
=	2089.378	/	221.408	*	91
=	861.11

2. In Ben Graham's calculation of liquidation value, Beijing Piesat Information Technology Co's accounts receivable are only considered to be worth 75% of book value:

Beijing Piesat Information Technology 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)
=	609.733	-	4157.809	+	0.75 * 2089.378	+	0.5 * 1913.774
=	-1,024

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Beijing Piesat Information Technology Co (SHSE:688066) Business Description

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Traded in Other Exchanges

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Address

Xingshikou Road, Room 301, 3rd Floor, Building 5, 4th District, Haidian District, Beijing, CHN, 100195

Website

http://www.piesat.com.cn

Beijing Piesat Information Technology Co Ltd is a satellite application service provider in China. It is one of the first platform companies in china to engage in satellite applications and spatiotemporal big data empowerment industries. Its business model of digitization and information services, which is a domestic and internationally advanced smart earth spatio-temporal big data service provider. The company provides a full range of products and services which is based on multi-source remote sensing big data that is developed based on the independent intellectual property PIE-Engine remote sensing cloud service platform.

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