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Nanjing Medlander Medical Technology Co (SHSE:688273) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Nanjing Medlander Medical Technology Co Change In Receivables?

Nanjing Medlander Medical Technology Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Nanjing Medlander Medical Technology Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Nanjing Medlander Medical Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥16.4 Mil. It means Nanjing Medlander Medical Technology Co's Accounts Receivable declined by ¥16.4 Mil from Dec. 2022 to Dec. 2023 .

Nanjing Medlander Medical Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥18.5 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. Nanjing Medlander Medical Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nanjing Medlander Medical Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥915.3 Mil.


Nanjing Medlander Medical Technology Co Change In Receivables Historical Data

The historical data trend for Nanjing Medlander Medical 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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Nanjing Medlander Medical Technology Co Change In Receivables Chart

Nanjing Medlander Medical Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -19.26 -1.25 2.61 -16.48 16.38

Nanjing Medlander Medical Technology Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Nanjing Medlander Medical 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 ¥0.0 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.


Nanjing Medlander Medical Technology Co  (SHSE:688273) 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.

Nanjing Medlander Medical 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
=18.478/104.337*91
=16.16

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

Nanjing Medlander Medical 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)
=1024.784-148.42+0.75 * 18.478+0.5 * 50.146
=915.3

* 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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Nanjing Medlander Medical Technology Co (SHSE:688273) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Gande Road, 2nd Floor, Building 5, Jiangning High-tech Park, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211100
Nanjing Medlander Medical Technology Co Ltd is engaged in the research and development, production, sales and service of related products in the field of pelvic floor and postpartum rehabilitation.
Executives
Zhu Bi Sheng senior management
Chen Jiang Ning senior management
Yang Rui Jia Directors, senior managers, core technical personn
Shi Zhi Huai Directors, senior managers, core technical personn
Chen Bin Directors, senior managers
Tu Hong Lin Directors, senior managers
Wang Wang senior management

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