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Hefei Meyer Optoelectronic Technology (SZSE:002690) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Hefei Meyer Optoelectronic Technology Change In Receivables?

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

Hefei Meyer Optoelectronic Technology's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-234 Mil. It means Hefei Meyer Optoelectronic Technology's Accounts Receivable increased by ¥234 Mil from Dec. 2022 to Dec. 2023 .

Hefei Meyer Optoelectronic Technology's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥563 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. Hefei Meyer Optoelectronic Technology's Days Sales Outstanding for the three months ended in Jun. 2024 was 85.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hefei Meyer Optoelectronic Technology's liquidation value for the three months ended in Jun. 2024 was ¥1,242 Mil.


Hefei Meyer Optoelectronic Technology Change In Receivables Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology Change In Receivables Chart

Hefei Meyer Optoelectronic Technology 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 -6.76 -23.17 43.77 -173.66 -234.50

Hefei Meyer Optoelectronic Technology 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 - - - - -

Hefei Meyer Optoelectronic Technology 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.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) 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.

Hefei Meyer Optoelectronic Technology's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=562.517/598.854*91
=85.71

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

Hefei Meyer Optoelectronic Technology'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)
=1190.447-599.161+0.75 * 562.517+0.5 * 458.283
=1,242

* 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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Hefei Meyer Optoelectronic Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology Headlines

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