Gifore Agricultural Science & Technology Service Co (SZSE:300022) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Gifore Agricultural Science & Technology Service Co Change In Receivables?

Gifore Agricultural Science & Technology Service Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Gifore Agricultural Science & Technology Service Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Gifore Agricultural Science & Technology Service Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥82 Mil. It means Gifore Agricultural Science & Technology Service Co's Accounts Receivable declined by ¥82 Mil from Dec. 2022 to Dec. 2023 .

Gifore Agricultural Science & Technology Service Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥387 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. Gifore Agricultural Science & Technology Service Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gifore Agricultural Science & Technology Service Co's liquidation value for the three months ended in Mar. 2024 was ¥-156 Mil.

Gifore Agricultural Science & Technology Service Co Change In Receivables Historical Data

The historical data trend for Gifore Agricultural Science & Technology Service 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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Gifore Agricultural Science & Technology Service Co Change In Receivables Chart

Gifore Agricultural Science & Technology Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-28.36

-115.74

113.08

-117.53

82.03

Gifore Agricultural Science & Technology Service Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Gifore Agricultural Science & Technology Service 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Gifore Agricultural Science & Technology Service Co (SZSE:300022) 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.

Gifore Agricultural Science & Technology Service Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	387.424	/	636.94	*	91
=	55.50

2. In Ben Graham's calculation of liquidation value, Gifore Agricultural Science & Technology Service Co's accounts receivable are only considered to be worth 75% of book value:

Gifore Agricultural Science & Technology Service Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	420.746	-	1322.845	+	0.75 * 387.424	+	0.5 * 912.044
=	-156

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Gifore Agricultural Science & Technology Service Co (SZSE:300022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Gifore Agricultural Science & Technology Service Co (SZSE:300022) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No.219, Gangtong North 2nd Road, Chengdu Modern Industrial Port, Sichuan, Chengdu, CHN, 611743

Website

http://www.gifore.com

Gifore Agricultural Machinery Chain Co Ltd operates in the agricultural machinery circulation industry. The business of the company includes sales and service of equipment, agricultural light trucks, and rural general mechanical and electrical.

Executives

Wang Hong Yan	Director
Wang Xin Ming	Directors, executives
He Zhi Wen	Director
Li Yu Ying	Supervisors
Ceng Chen Dong	Directors, executives
Zhao Ze Liang	Directors, executives
Zheng Ge	Directors, executives
Chen De	Supervisors
Ren Dan Hua	Director
Diao Hai Lei	Executives
Huang Xiao Li	Supervisors
Lai Han	Director
Zhang Li Shang	Director

Gifore Agricultural Science & Technology Service Co (SZSE:300022) Headlines

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