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Nanjing Xinlian Electronics Co (SZSE:002546) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Nanjing Xinlian Electronics Co Change In Receivables?

Nanjing Xinlian Electronics Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Nanjing Xinlian Electronics Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Nanjing Xinlian Electronics Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-74.1 Mil. It means Nanjing Xinlian Electronics Co's Accounts Receivable increased by ¥74.1 Mil from Dec. 2022 to Dec. 2023 .

Nanjing Xinlian Electronics Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥201.0 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. Nanjing Xinlian Electronics Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 87.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nanjing Xinlian Electronics Co's liquidation value for the three months ended in Sep. 2024 was ¥2,457.1 Mil.


Nanjing Xinlian Electronics Co Change In Receivables Historical Data

The historical data trend for Nanjing Xinlian Electronics 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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Nanjing Xinlian Electronics Co Change In Receivables Chart

Nanjing Xinlian Electronics 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 85.75 128.17 -20.49 -27.70 -74.14

Nanjing Xinlian Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Nanjing Xinlian Electronics 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 Sep. 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.


Nanjing Xinlian Electronics Co  (SZSE:002546) 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.

Nanjing Xinlian Electronics Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=200.95/209.415*91
=87.56

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

Nanjing Xinlian Electronics Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2565.583-379.289+0.75 * 200.95+0.5 * 240.164
=2,457.1

* 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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Nanjing Xinlian Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
Number 28, Jiayuan Middle Road, Jiangning Development Zone, Nanjing, CHN, 211100
Nanjing Xinlian Electronics Co Ltd is a China-based company engaged in the research and development, manufacture, distribution, and services of software and hardware of power consuming information collection systems. It provides a series of products and solutions for the electric power industry, including main station software, 230M wireless network, terminal equipment and electric power measuring equipment. The company' s products also include electric cabinets and smart power cloud services.
Executives
Jin Fang Sheng Director
Hu Min Director
Zhu Zhong Ming Secretary, Director
Chu Yun Directors, executives
Li Ming Yuan Director
Wang Xia Supervisors

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