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Suzhou Hailu Heavy Industry Co (SZSE:002255) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Suzhou Hailu Heavy Industry Co Change In Receivables?

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

Suzhou Hailu Heavy Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-112 Mil. It means Suzhou Hailu Heavy Industry Co's Accounts Receivable increased by ¥112 Mil from Dec. 2022 to Dec. 2023 .

Suzhou Hailu Heavy Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥965 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. Suzhou Hailu Heavy Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 189.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suzhou Hailu Heavy Industry Co's liquidation value for the three months ended in Mar. 2024 was ¥171 Mil.


Suzhou Hailu Heavy Industry Co Change In Receivables Historical Data

The historical data trend for Suzhou Hailu Heavy Industry 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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Suzhou Hailu Heavy Industry Co Change In Receivables Chart

Suzhou Hailu Heavy Industry 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 135.33 -306.87 -410.08 -23.02 -112.11

Suzhou Hailu Heavy Industry 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 - - - - -

Suzhou Hailu Heavy Industry 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.


Suzhou Hailu Heavy Industry Co  (SZSE:002255) 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.

Suzhou Hailu Heavy Industry 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
=965.335/465.377*91
=189.28

2. In Ben Graham's calculation of liquidation value, Suzhou Hailu Heavy Industry Co's accounts receivable are only considered to be worth 75% of book value:

Suzhou Hailu Heavy Industry 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)
=1169.638-2511.974+0.75 * 965.335+0.5 * 1578.873
=171

* 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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Suzhou Hailu Heavy Industry Co (SZSE:002255) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Renmin West Road, Yangshe Town, Zhangjiagang, Jiangsu, CHN, 215600
Suzhou Hailu Heavy Industry Co Ltd is engaged in the manufacturing of energy saving and environmental protection equipment. The products of the company include boiler products, large pressure vessels, nuclear power equipment, low temperature and environmental protection projects.
Executives
Xu Ran Executives
Zhu Jian Zhong Directors, executives
Wang Ping Supervisors
Zou Xue Feng Supervisors
Xu Yuan Sheng Directors, executives
Zhou Zhong Sheng Independent director
Pan Jian Hua Directors, executives
Chen Ji Qiang Directors, executives
Min Ping Qiang Supervisors
Zhou Hua Executives
Zhang Guo Yi Directors, executives
Zhang Wei Bing Director
Song Ju Neng Executives
Hui Jian Ming Directors, executives

Suzhou Hailu Heavy Industry Co (SZSE:002255) Headlines

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