Hubei Huitian New Materials Co (SZSE:300041) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Hubei Huitian New Materials Co Change In Receivables?

Hubei Huitian New Materials Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Hubei Huitian New Materials Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Hubei Huitian New Materials Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥91 Mil. It means Hubei Huitian New Materials Co's Accounts Receivable declined by ¥91 Mil from Dec. 2022 to Dec. 2023 .

Hubei Huitian New Materials Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,059 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. Hubei Huitian New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hubei Huitian New Materials Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,451 Mil.

Hubei Huitian New Materials Co Change In Receivables Historical Data

The historical data trend for Hubei Huitian New Materials 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.

* Premium members only.

Hubei Huitian New Materials Co Change In Receivables Chart

Hubei Huitian New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

171.54

-432.92

-388.36

-323.07

90.68

Hubei Huitian New Materials 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															-	-	-	-	-

Hubei Huitian New Materials 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.

Hubei Huitian New Materials Co (SZSE:300041) 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.

Hubei Huitian New Materials 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
=	1058.885	/	969.591	*	91
=	99.65

2. In Ben Graham's calculation of liquidation value, Hubei Huitian New Materials Co's accounts receivable are only considered to be worth 75% of book value:

Hubei Huitian New Materials 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)
=	1053.849	-	3524.653	+	0.75 * 1058.885	+	0.5 * 451.616
=	-1,451

Hubei Huitian New Materials Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hubei Huitian New Materials Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hubei Huitian New Materials Co (SZSE:300041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Huitian New Materials Co Ltd (SZSE:300041) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Aerospace Road, National High-tech Development Zone, Hubei Province, Fuyang, CHN, 441057

Website

http://www.huitian.net.cn

Hubei Huitian New Materials Co Ltd is a China-based company engaged in the research and development, production, and sales of adhesives and chemicals. The products are used in the fields of photovoltaic, wind energy, environmental protection, transportation, electronics, general industry, building, flexible packaging and other fields. Its products are exported to Germany, Italy, USA, Brazil, Japan, India and other countries.

Executives

Zhang Li	Directors, executives
Cheng Jian Chao	Supervisors
Zhang Hong Jian	Secretary Dong
Leng Jin Zhou	Directors, executives
Wang Zheng Ye	Executives, directors
Zhao Yong Gang	Director
Shi Xiang Qiao	Director
Shi Xue Lin	Executives, directors
Zhang Feng	Director
Liu Peng	Director
Zou Zhi Jun	Executives
Wu Zheng Ming	Director
Wen Han Ping	Executives
Jin Yan	Supervisors
Ding Li	Supervisors

Hubei Huitian New Materials Co (SZSE:300041) Headlines

No Headlines