Himile Mechanical Science And Technology(Shangdong) Co (SZSE:002595) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)

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What is Himile Mechanical Science And Technology(Shangdong) Co Change In Receivables?

Himile Mechanical Science And Technology(Shangdong) Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Himile Mechanical Science And Technology(Shangdong) Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Himile Mechanical Science And Technology(Shangdong) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-284 Mil. It means Himile Mechanical Science And Technology(Shangdong) Co's Accounts Receivable increased by ¥284 Mil from Dec. 2022 to Dec. 2023 .

Himile Mechanical Science And Technology(Shangdong) Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥2,481 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. Himile Mechanical Science And Technology(Shangdong) Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 95.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Himile Mechanical Science And Technology(Shangdong) Co's liquidation value for the three months ended in Jun. 2024 was ¥3,405 Mil.

Himile Mechanical Science And Technology(Shangdong) Co Change In Receivables Historical Data

The historical data trend for Himile Mechanical Science And Technology(Shangdong) 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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Himile Mechanical Science And Technology(Shangdong) Co Change In Receivables Chart

Himile Mechanical Science And Technology(Shangdong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-777.18

-1,211.68

-752.81

-958.75

-283.76

Himile Mechanical Science And Technology(Shangdong) 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															-	-	-	-	-

Himile Mechanical Science And Technology(Shangdong) 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 Mil.

Himile Mechanical Science And Technology(Shangdong) Co (SZSE:002595) 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.

Himile Mechanical Science And Technology(Shangdong) 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
=	2481.333	/	2371.999	*	91
=	95.46

2. In Ben Graham's calculation of liquidation value, Himile Mechanical Science And Technology(Shangdong) Co's accounts receivable are only considered to be worth 75% of book value:

Himile Mechanical Science And Technology(Shangdong) 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)
=	2061.447	-	1544.646	+	0.75 * 2481.333	+	0.5 * 2054.678
=	3,405

Himile Mechanical Science And Technology(Shangdong) Co Change In Receivables Related Terms

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Himile Mechanical Science And Technology(Shangdong) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Himile Mechanical Science And Technology(Shangdong) Co Ltd (SZSE:002595) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No 1 Himile Road, Mishui Science and Technology Industrial Park, Gaomi, CHN, 261500

Website

http://www.himile.com

Himile Mechanical Science And Technology(Shangdong) Co Ltd is a Chinese company engaged in the research and development, production and sale of rubber machinery and mold products. It is mainly involved in three sectors which are top grade tire mold, high-end mechanical parts manufacturing and oil and gas equipment sector. The products manufactured by the group are involved in the fields of mechanical manufacturing, marine, rail transit, fuel gas, education, and others.

Executives

Zhang Gong Yun	Director
Zhang Yan	Directors, executives
Liu Sheng Jun	Supervisors
Feng Min Tang	Director
Ni Hao Yan	Independent director
Luan Xiao Mei	Securities Affairs Representative

Himile Mechanical Science And Technology(Shangdong) Co Headlines

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