Rong Fa Nuclear Equipment Co (SZSE:002366) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Rong Fa Nuclear Equipment Co Change In Receivables?

Rong Fa Nuclear Equipment Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Rong Fa Nuclear Equipment Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Rong Fa Nuclear Equipment Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥317.1 Mil. It means Rong Fa Nuclear Equipment Co's Accounts Receivable declined by ¥317.1 Mil from Dec. 2022 to Dec. 2023 .

Rong Fa Nuclear Equipment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥363.0 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. Rong Fa Nuclear Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 238.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rong Fa Nuclear Equipment Co's liquidation value for the three months ended in Mar. 2024 was ¥-570.9 Mil.

Rong Fa Nuclear Equipment Co Change In Receivables Historical Data

The historical data trend for Rong Fa Nuclear Equipment 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.

Rong Fa Nuclear Equipment Co Change In Receivables Chart

Rong Fa Nuclear Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

206.03

-237.98

57.91

179.46

317.07

Rong Fa Nuclear Equipment 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															-	-	-	-	-

Rong Fa Nuclear Equipment 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 ¥0.0 Mil.

Rong Fa Nuclear Equipment Co (SZSE:002366) 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.

Rong Fa Nuclear Equipment 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
=	363.006	/	138.659	*	91
=	238.89

2. In Ben Graham's calculation of liquidation value, Rong Fa Nuclear Equipment Co's accounts receivable are only considered to be worth 75% of book value:

Rong Fa Nuclear Equipment 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)
=	1721.705	-	3053.116	+	0.75 * 363.006	+	0.5 * 976.561
=	-570.9

Rong Fa Nuclear Equipment Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Rong Fa Nuclear Equipment Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Rong Fa Nuclear Equipment Co (SZSE:002366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rong Fa Nuclear Equipment Co Ltd (SZSE:002366) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heilong Town, Danfu Industrial Park, Qingshen County, Sichuan, CHN, 620461

Website

http://www.scdanfu.cn

Rong Fa Nuclear Equipment Co Ltd, formerly Taihai Manoir Nuclear Equipment Co Ltd is engaged in the manufacturing and sales of nuclear power equipment, nuclear waste after treatment system equipment, petrochemical equipment, and offshore equipment. The company designs, manufactures, sells, installs, and provides after-sales service of complete sets of equipment; purchase and sale of cobalt and nickel alloy concentrates; other high-end equipment and materials sales.

Executives

Wang Xue Xin	Director
Hao Guang Zheng	Director
Jiang Ming Jie	Directors, executives
Wang Sheng Yi	Executives
Xin Jun	Director
Wang Xin	Supervisors
Li Zheng Jun	Executives
Liu Zhi Ying	Executives
Luo Zhi Zhong	Directors, executives
Xiang Bing	Supervisors
Zhu Xue Qian	Director
Zhou Zheng Hong	Directors, executives
Chen De Quan	Director
Hu Yong Dong	Supervisors
Ma Jun	Director

Rong Fa Nuclear Equipment Co (SZSE:002366) Headlines

No Headlines