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Guangdong Tloong Technology Group Co (SZSE:300063) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangdong Tloong Technology Group Co Change In Receivables?

Guangdong Tloong Technology Group Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Guangdong Tloong Technology Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangdong Tloong Technology Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥357 Mil. It means Guangdong Tloong Technology Group Co's Accounts Receivable declined by ¥357 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Tloong Technology Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,643 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. Guangdong Tloong Technology Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 80.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Tloong Technology Group Co's liquidation value for the three months ended in Mar. 2024 was ¥184 Mil.


Guangdong Tloong Technology Group Co Change In Receivables Historical Data

The historical data trend for Guangdong Tloong Technology Group 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.

Guangdong Tloong Technology Group Co Change In Receivables Chart

Guangdong Tloong Technology Group 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 -366.19 -289.14 -283.59 9.54 357.05

Guangdong Tloong Technology Group 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 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 - - - - -

Guangdong Tloong Technology Group 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.

* 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.


Guangdong Tloong Technology Group Co  (SZSE:300063) 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.

Guangdong Tloong Technology Group 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
=1643.209/1871.587*91
=80.12

2. In Ben Graham's calculation of liquidation value, Guangdong Tloong Technology Group Co's accounts receivable are only considered to be worth 75% of book value:

Guangdong Tloong Technology Group 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)
=162.143-1345.647+0.75 * 1643.209+0.5 * 269.747
=184

* 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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Guangdong Tloong Technology Group Co (SZSE:300063) Business Description

Traded in Other Exchanges
N/A
Address
Jingdu industrial park, Zhaoqing, Guangdong, CHN, 526108
Guangdong Tloong Technology Group Co Ltd, formerly Guangdong Sky Dragon Printing Ink Group Co Ltd is engaged in research and development, production, and sales of friendly inks, printing varnish, solvent inks, and acrylic resins. The solutions provided by the company include flexo ink, gravure ink, varnish, acrylic, and automatic color.
Executives
Chen Dong Yang Directors, executives
Wang Jing Directors, executives
Wang Na Executives
Mei Qin Directors, executives
Liao Xing Director
Yao Song Executives
Chen Tie Ping Director
Feng Yi Director
Feng Hua Director
Feng Xin Ping Executives
Li Guo Rong Director
Li Si Ping Director
Wang Da Tian Executives
Feng Jun Director

Guangdong Tloong Technology Group Co (SZSE:300063) Headlines

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