Newland Digital Technology Co (SZSE:000997) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Newland Digital Technology Co Change In Receivables?

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

Newland Digital Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥376 Mil. It means Newland Digital Technology Co's Accounts Receivable declined by ¥376 Mil from Dec. 2022 to Dec. 2023 .

Newland Digital Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥986 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. Newland Digital Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Newland Digital Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-703 Mil.

Newland Digital Technology Co Change In Receivables Historical Data

The historical data trend for Newland Digital 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.

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Newland Digital Technology Co Change In Receivables Chart

Newland Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,432.17

-283.57

-162.59

-362.06

376.48

Newland Digital 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															-	-	-	-	-

Newland Digital 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.

Newland Digital Technology Co (SZSE:000997) 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.

Newland Digital 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
=	986.137	/	1741.05	*	91
=	51.68

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

Newland Digital 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)
=	3350.932	-	5266.654	+	0.75 * 986.137	+	0.5 * 945.845
=	-703

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Newland Digital Technology Co (SZSE:000997) Business Description

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Address

No.1 Rujiang West Road, New World Science and Technology Park, Mawei District, Fujian Province, Fuzhou, CHN, 350015

Website

http://www.newlandcomputer.com

Newland Digital Technology Co Ltd, formerly Fujian Newland Computer Co Ltd is an IT products and services provider in China. It provides solutions for barcode recognition, financial payment, mobile and other communications, traffic information and internet finance activities. The company offers barcode recognition technology, POS machines for electronic financial payment, intelligent transportation solutions, cloud computing and big data services, online to offline two-dimensional code marketing services and other solutions. In addition, it provides solutions which integrates software development, hardware manufacturing and system integration in the field of food safety.

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