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Venustech Group (SZSE:002439) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Venustech Group Change In Receivables?

Venustech Group's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Venustech Group's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Venustech Group's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,451 Mil. It means Venustech Group's Accounts Receivable increased by ¥1,451 Mil from Dec. 2022 to Dec. 2023 .

Venustech Group's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥4,709 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. Venustech Group's Days Sales Outstanding for the three months ended in Jun. 2024 was 659.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Venustech Group's liquidation value for the three months ended in Jun. 2024 was ¥5,602 Mil.


Venustech Group Change In Receivables Historical Data

The historical data trend for Venustech Group'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.

Venustech Group Change In Receivables Chart

Venustech Group 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 -602.29 -796.70 -389.68 -977.88 -1,451.40

Venustech Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Venustech Group 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 Jun. 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.


Venustech Group  (SZSE:002439) 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.

Venustech Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4708.523/651.088*91
=659.90

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

Venustech Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4158.013-2332.721+0.75 * 4708.523+0.5 * 491.003
=5,602

* 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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Venustech Group Business Description

Traded in Other Exchanges
N/A
Address
No.8 Northeast Wangxi Road, 1st Floor, Qimingxing Building, Building 21, Zhongguancun Software Park, Haidian District, Beijing, CHN
Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China.
Executives
Qi Jian Director
Wang Jia Directors, executives
Zhang Yuan Directors, executives
Yan Li Directors, executives
Liu Ke Quan Directors, executives
Xie Qi Zhi Supervisors
Pan Zhong Yu Directors, executives
Zhong Dan Securities Affairs Representative
Liu Xing Chi Supervisors
Qiu Wei Executives

Venustech Group Headlines

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