China Rare Earth Resources & Technology Co (SZSE:000831) 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 China Rare Earth Resources & Technology Co Change In Receivables?

China Rare Earth Resources & Technology Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means China Rare Earth Resources & Technology Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

China Rare Earth Resources & Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-553 Mil. It means China Rare Earth Resources & Technology Co's Accounts Receivable increased by ¥553 Mil from Dec. 2022 to Dec. 2023 .

China Rare Earth Resources & Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥149 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. China Rare Earth Resources & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Rare Earth Resources & Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥1,817 Mil.

China Rare Earth Resources & Technology Co Change In Receivables Historical Data

The historical data trend for China Rare Earth Resources & 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.

* Premium members only.

China Rare Earth Resources & Technology Co Change In Receivables Chart

China Rare Earth Resources & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

306.07

-377.13

-117.53

305.43

-552.74

China Rare Earth Resources & Technology 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															-	-	-	-	-

China Rare Earth Resources & 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 Mil.

China Rare Earth Resources & Technology Co (SZSE:000831) 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.

China Rare Earth Resources & 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
=	148.746	/	301.556	*	91
=	45.01

2. In Ben Graham's calculation of liquidation value, China Rare Earth Resources & Technology Co's accounts receivable are only considered to be worth 75% of book value:

China Rare Earth Resources & 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)
=	1361.078	-	399.593	+	0.75 * 148.746	+	0.5 * 1488.372
=	1,817

China Rare Earth Resources & Technology Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of China Rare Earth Resources & Technology Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

China Rare Earth Resources & Technology Co (SZSE:000831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Rare Earth Resources & Technology Co Ltd (SZSE:000831) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Zhangjiang South Avenue, 15th Floor, Building A, Haode Ginza, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000

Website

http://www.cmreltd.com

China Rare Earth Resources & Technology Co Ltd is principally engaged in the production and sales of rare earth oxides. It is mainly engaged in the operation and trade of rare earth oxides, rare earth metals and rare earth deep processing products, as well as rare earth technology research and development and consulting services. The company's leading product include high-purity single rare earth oxides and rare earth co-precipitate products. Geographically activities are carried out through China.

China Rare Earth Resources & Technology Co (SZSE:000831) Headlines

No Headlines