Eastern Communications Co (SHSE:900941) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)

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What is Eastern Communications Co Change In Receivables?

Eastern Communications Co's change in receivables for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Eastern Communications Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Eastern Communications Co's change in receivables for the fiscal year that ended in Dec. 2023 was $11.3 Mil. It means Eastern Communications Co's Accounts Receivable declined by $11.3 Mil from Dec. 2022 to Dec. 2023 .

Eastern Communications Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $128.8 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. Eastern Communications Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 149.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eastern Communications Co's liquidation value for the three months ended in Mar. 2024 was $171.3 Mil.

Eastern Communications Co Change In Receivables Historical Data

The historical data trend for Eastern Communications 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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Eastern Communications Co Change In Receivables Chart

Eastern Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-12.29

-13.33

8.14

-7.07

11.29

Eastern Communications 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															-	-	-	-	-

Eastern Communications 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.

Eastern Communications Co (SHSE:900941) 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.

Eastern Communications 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
=	128.769	/	78.831	*	91
=	149.06

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

Eastern Communications 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)
=	146.871	-	118.294	+	0.75 * 128.769	+	0.5 * 92.226
=	171.3

Eastern Communications Co Change In Receivables Related Terms

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Eastern Communications Co (SHSE:900941) Business Description

Industry

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Traded in Other Exchanges

600776:China

Address

No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053

Website

http://www.eastcom.com

Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

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