Wuhan Yifi Laser (SHSE:688646) Change In Receivables : ¥-18.7 Mil (TTM As of Mar. 2024)

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What is Wuhan Yifi Laser Change In Receivables?

Wuhan Yifi Laser's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Wuhan Yifi Laser's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Wuhan Yifi Laser's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-43.4 Mil. It means Wuhan Yifi Laser's Accounts Receivable increased by ¥43.4 Mil from Dec. 2022 to Dec. 2023 .

Wuhan Yifi Laser's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥288.7 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. Wuhan Yifi Laser's Days Sales Outstanding for the three months ended in Mar. 2024 was 220.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wuhan Yifi Laser's liquidation value for the three months ended in Mar. 2024 was ¥719.3 Mil.

Wuhan Yifi Laser Change In Receivables Historical Data

The historical data trend for Wuhan Yifi Laser'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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Wuhan Yifi Laser Change In Receivables Chart

Wuhan Yifi Laser Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-67.23

-76.32

-147.90

-162.34

-43.36

Wuhan Yifi Laser Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial								-65.08	-18.74	-	-	-

Wuhan Yifi Laser 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 ¥-18.7 Mil.

Wuhan Yifi Laser (SHSE:688646) 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.

Wuhan Yifi Laser's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	288.655	/	119.448	*	91
=	220.51

2. In Ben Graham's calculation of liquidation value, Wuhan Yifi Laser's accounts receivable are only considered to be worth 75% of book value:

Wuhan Yifi Laser'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)
=	1028.845	-	730.045	+	0.75 * 288.655	+	0.5 * 407.955
=	719.3

Wuhan Yifi Laser Change In Receivables Related Terms

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Wuhan Yifi Laser (SHSE:688646) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuhan Yifi Laser Corp Ltd (SHSE:688646) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000

Website

http://www.yifilaser.com

Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

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