Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Guangzhou Tech-Long Packing Machine Co Change In Receivables?

Guangzhou Tech-Long Packing Machine Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Guangzhou Tech-Long Packing Machine Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangzhou Tech-Long Packing Machine Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-64 Mil. It means Guangzhou Tech-Long Packing Machine Co's Accounts Receivable increased by ¥64 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Tech-Long Packing Machine Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥298 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. Guangzhou Tech-Long Packing Machine Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangzhou Tech-Long Packing Machine Co's liquidation value for the three months ended in Mar. 2024 was ¥-466 Mil.

Guangzhou Tech-Long Packing Machine Co Change In Receivables Historical Data

The historical data trend for Guangzhou Tech-Long Packing Machine 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.

Guangzhou Tech-Long Packing Machine Co Change In Receivables Chart

Guangzhou Tech-Long Packing Machine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

92.21

-17.15

-32.59

-47.81

-63.93

Guangzhou Tech-Long Packing Machine 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															-	-	-	-	-

Guangzhou Tech-Long Packing Machine 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.

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) 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.

Guangzhou Tech-Long Packing Machine 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
=	297.579	/	227.784	*	91
=	119.21

2. In Ben Graham's calculation of liquidation value, Guangzhou Tech-Long Packing Machine Co's accounts receivable are only considered to be worth 75% of book value:

Guangzhou Tech-Long Packing Machine 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)
=	390.441	-	1472.314	+	0.75 * 297.579	+	0.5 * 784.988
=	-466

Guangzhou Tech-Long Packing Machine Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Guangzhou Tech-Long Packing Machine Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Tech-Long Packing Machine Co Ltd (SZSE:002209) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23, Yunpu 1 Road, Huangpu District, Guangzhou, CHN, 510530

Website

http://www.tech-long.com

Guangzhou Tech-long Packing Machine Co. Ltd is a provider of turnkey solutions for global liquid product manufacturers. The company mainly provides equipment for the liquid packaging industry. Its products offer water treatment solutions, beverage pre-treatment systems, and others. The product portfolio includes water treatment system, blow molding machines, filling machine, large container filling machine, packaging machine, conveying machine and others.

Executives

Chen Gang	Director
Zhang Chong Ming	Executives
Zhang Song Ming	Directors, executives
Xie Wei	Supervisors
Wang Hao Hui	Independent director
Zou Da Qun	Director
Kong Xiang Jie	Directors, executives
Zhang Zan Ming	Executives
Wang Wei Dong	Directors, executives
Wang Zhong	Directors, executives

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Headlines

No Headlines