GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Weifu High-Technology Group Co Ltd (SZSE:000581) » Definitions » Change In Receivables

Weifu High-Technology Group Co (SZSE:000581) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Weifu High-Technology Group Co Change In Receivables?

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

Weifu High-Technology Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-231 Mil. It means Weifu High-Technology Group Co's Accounts Receivable increased by ¥231 Mil from Dec. 2022 to Dec. 2023 .

Weifu High-Technology Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,642 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. Weifu High-Technology Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 114.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Weifu High-Technology Group Co's liquidation value for the three months ended in Mar. 2024 was ¥76 Mil.


Weifu High-Technology Group Co Change In Receivables Historical Data

The historical data trend for Weifu High-Technology Group 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.

Weifu High-Technology Group Co Change In Receivables Chart

Weifu High-Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,110.39 -1,326.29 1,615.82 -3,936.82 -231.13

Weifu High-Technology Group 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 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 - - - - -

Weifu High-Technology Group 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.

* 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.


Weifu High-Technology Group Co  (SZSE:000581) 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.

Weifu High-Technology Group 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
=3642.072/2903.413*91
=114.46

2. In Ben Graham's calculation of liquidation value, Weifu High-Technology Group Co's accounts receivable are only considered to be worth 75% of book value:

Weifu High-Technology Group 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)
=3783.107-7470.808+0.75 * 3642.072+0.5 * 2063.446
=76

* 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.


Weifu High-Technology Group Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Weifu High-Technology Group Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Weifu High-Technology Group Co (SZSE:000581) Business Description

Traded in Other Exchanges
Address
No. 5, Huashan Road, Xinwu District, Jiangsu Province, Wuxi, CHN, 214028
Weifu High-Technology Group Co Ltd is a manufacturer of automotive components. The company has three reportable segments namely auto fuel injection system and fuel cell components; air management system and automotive post-processing system. It generates maximum revenue from the automotive post-processing system segment.
Executives
Xu Yun Feng Executives
Mou Yu Ming Executives
Ou Jian Bin Directors, executives
Shi Xing Yuan Supervisors
Chen Xue Jun Director
Wang Xiao Dong Directors, executives
Gao Guo Yuan Supervisors
Han Jiang Ming Supervisors
Chu Yong Securities Affairs Representative
Deng Xi Jiang Executives
Chen Qi Long Director
Xu Liang Fei Director
You Jian Zhong Supervisors

Weifu High-Technology Group Co (SZSE:000581) Headlines

No Headlines