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Shanghai Hi-Tech Control System Co (SZSE:002184) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Shanghai Hi-Tech Control System Co Change In Receivables?

Shanghai Hi-Tech Control System Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanghai Hi-Tech Control System Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Hi-Tech Control System Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-445 Mil. It means Shanghai Hi-Tech Control System Co's Accounts Receivable increased by ¥445 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Hi-Tech Control System Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥991 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. Shanghai Hi-Tech Control System Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 189.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Hi-Tech Control System Co's liquidation value for the three months ended in Mar. 2024 was ¥-510 Mil.


Shanghai Hi-Tech Control System Co Change In Receivables Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co Change In Receivables Chart

Shanghai Hi-Tech Control System 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 84.09 -304.13 -35.70 -212.77 -444.94

Shanghai Hi-Tech Control System 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 - - - - -

Shanghai Hi-Tech Control System 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.


Shanghai Hi-Tech Control System Co  (SZSE:002184) 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.

Shanghai Hi-Tech Control System 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
=990.528/477.797*91
=189.17

2. In Ben Graham's calculation of liquidation value, Shanghai Hi-Tech Control System Co's accounts receivable are only considered to be worth 75% of book value:

Shanghai Hi-Tech Control System 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)
=732.487-2496.317+0.75 * 990.528+0.5 * 1021.135
=-510

* 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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Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233
Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.
Executives
Zhao Da Di Director
Guo Meng Rong Directors, executives
Xu Hong Director
Wu Qiu Nong Directors, executives
Lu Wen Jing Supervisors
He Yong Jun Executives
Hu Yu Executives, directors
Shi Chao Zhu Director
Zhang Zhe Zhi Executives
Wang Xiao Bo Supervisors
Wu Huan Qun Supervisors
Fang Jian Director
Sheng Ya Ping Supervisors

Shanghai Hi-Tech Control System Co (SZSE:002184) Headlines

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