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Jiangsu Boamax Technologies Group Co (SZSE:002514) Change In Receivables : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Jiangsu Boamax Technologies Group Co Change In Receivables?

Jiangsu Boamax Technologies Group Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Jiangsu Boamax Technologies Group Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Jiangsu Boamax Technologies Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-168.0 Mil. It means Jiangsu Boamax Technologies Group Co's Accounts Receivable increased by ¥168.0 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Boamax Technologies Group Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥449.3 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. Jiangsu Boamax Technologies Group Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 754.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangsu Boamax Technologies Group Co's liquidation value for the three months ended in Jun. 2024 was ¥-1,162.0 Mil.


Jiangsu Boamax Technologies Group Co Change In Receivables Historical Data

The historical data trend for Jiangsu Boamax Technologies Group 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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Jiangsu Boamax Technologies Group Co Change In Receivables Chart

Jiangsu Boamax Technologies Group 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 86.34 110.33 -26.81 -127.80 -168.01

Jiangsu Boamax Technologies Group Co 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 - - - - -

Jiangsu Boamax Technologies Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Jiangsu Boamax Technologies Group Co  (SZSE:002514) 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.

Jiangsu Boamax Technologies Group Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=449.32/54.306*91
=754.99

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

Jiangsu Boamax Technologies Group Co'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)
=41.978-1685.519+0.75 * 449.32+0.5 * 289.106
=-1,162.0

* 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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Jiangsu Boamax Technologies Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Gongxinghebei Road, Jingjiang Economic and Technological Development Zone, Jiangsu Province, Taizhou, CHN, 215151
Jiangsu Boamax Technologies Group Co Ltd researches develop, designs manufactures and sells industrial grade structural CNC sheet metal products. It offers flue gas flow monitoring equipment used in the field of environmental protection, such as on-line monitoring about gas velocity, as well as pulverized coal flow rate and online monitoring of wind speed.
Executives
Zhu Yong Fu Directors, executives
Chen Dong Director
Yan Zhong Hua Director
Jiang Yu Feng Supervisors

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