GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Zhongke Sanhuan High-tech Co Ltd (SZSE:000970) » Definitions » Change In Receivables

Beijing Zhongkenhuan High-tech Co (SZSE:000970) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Beijing Zhongkenhuan High-tech Co Change In Receivables?

Beijing Zhongkenhuan High-tech Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Beijing Zhongkenhuan High-tech Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Beijing Zhongkenhuan High-tech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥587 Mil. It means Beijing Zhongkenhuan High-tech Co's Accounts Receivable declined by ¥587 Mil from Dec. 2022 to Dec. 2023 .

Beijing Zhongkenhuan High-tech Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥2,027 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. Beijing Zhongkenhuan High-tech Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 112.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Beijing Zhongkenhuan High-tech Co's liquidation value for the three months ended in Jun. 2024 was ¥2,644 Mil.


Beijing Zhongkenhuan High-tech Co Change In Receivables Historical Data

The historical data trend for Beijing Zhongkenhuan High-tech 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.

Beijing Zhongkenhuan High-tech Co Change In Receivables Chart

Beijing Zhongkenhuan High-tech 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 106.11 -540.87 -581.11 -738.55 586.70

Beijing Zhongkenhuan High-tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Beijing Zhongkenhuan High-tech 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 Jun. 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.


Beijing Zhongkenhuan High-tech Co  (SZSE:000970) 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.

Beijing Zhongkenhuan High-tech Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2027.361/1637.33*91
=112.99

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

Beijing Zhongkenhuan High-tech Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2463.694-2658.639+0.75 * 2027.361+0.5 * 2636.707
=2,644

* 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.


Beijing Zhongkenhuan High-tech Co Change In Receivables Related Terms

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


Beijing Zhongkenhuan High-tech Co Business Description

Traded in Other Exchanges
N/A
Address
27th Floor, Building A, No.66 East Road, Zhong Guan Cun, Haidian District, Beijing, CHN, 100190
Beijing Zhongke Sanhuan High-tech Co Ltd is a high technology company. It is engaged in researching, developing, manufacturing and marketing magnetic materials and its application devices. Its main products cover sintered Nd-Fe-B magnets, soft ferrites, and electric bicycles. The company's products are widely used in many fields, such as the automobile, household appliance, energy, computer, communication and medical care.
Executives
Liu Fang Executives
Liu Ying Min Supervisors
Li Ling Director
Rao Xiao Lei Executives
Li Da Jun Executives
Ma Jian Executives
Hu Bo Ping Director
Zhao Yu Gang Supervisors
Yao Gang Executives
Zhao Yin Peng Directors, executives
Wang Zhen Xi Director
Zhang Wei Supervisors
Tian Wen Bin Securities Affairs Representative
Li Jing Hong Executives
Chen Jian Hua Director

Beijing Zhongkenhuan High-tech Co Headlines

No Headlines