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MayAir Technology (China) Co (SHSE:688376) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is MayAir Technology (China) Co Change In Receivables?

MayAir Technology (China) Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means MayAir Technology (China) Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

MayAir Technology (China) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥239 Mil. It means MayAir Technology (China) Co's Accounts Receivable declined by ¥239 Mil from Dec. 2022 to Dec. 2023 .

MayAir Technology (China) Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥869 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. MayAir Technology (China) Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 178.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MayAir Technology (China) Co's liquidation value for the three months ended in Sep. 2024 was ¥291 Mil.


MayAir Technology (China) Co Change In Receivables Historical Data

The historical data trend for MayAir Technology (China) 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.

* Premium members only.

MayAir Technology (China) Co Change In Receivables Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -93.22 -135.24 -59.74 64.94 239.35

MayAir Technology (China) Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 - - - - -

MayAir Technology (China) 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.


MayAir Technology (China) Co  (SHSE:688376) 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.

MayAir Technology (China) 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
=869.095/445.21*91
=178.13

2. In Ben Graham's calculation of liquidation value, MayAir Technology (China) Co's accounts receivable are only considered to be worth 75% of book value:

MayAir Technology (China) 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)
=895.441-1560.898+0.75 * 869.095+0.5 * 609.439
=291

* 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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MayAir Technology (China) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.

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