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Hangzhou Century Co (SZSE:300078) Change In Receivables : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Hangzhou Century Co Change In Receivables?

Hangzhou Century Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Hangzhou Century Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Hangzhou Century Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥171.1 Mil. It means Hangzhou Century Co's Accounts Receivable declined by ¥171.1 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Century Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥523.8 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. Hangzhou Century Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 241.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou Century Co's liquidation value for the three months ended in Jun. 2024 was ¥-984.4 Mil.


Hangzhou Century Co Change In Receivables Historical Data

The historical data trend for Hangzhou Century 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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Hangzhou Century Co Change In Receivables Chart

Hangzhou Century 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 -334.93 -450.95 260.06 21.29 171.10

Hangzhou Century 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 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 - - - - -

Hangzhou Century 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 ¥0.0 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.


Hangzhou Century Co  (SZSE:300078) 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.

Hangzhou Century 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
=523.834/198.006*91
=241.41

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

Hangzhou Century 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)
=821.121-2306.254+0.75 * 523.834+0.5 * 215.669
=-984.4

* 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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Hangzhou Century Co Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN
Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.
Executives
Wang Lin Executives
Lu Nan Director
Zhang Ji Directors, executives
Shou Jin Hua Supervisors
Wang Jun Supervisors
Zhang Li Zhong Directors, executives
Zhou Wei Li Executives
Shang Wei Executives
Yu Guo Hua Directors, executives
Lan Zong Zhu Director
Chen Wu Jun Directors, executives
Jiang Shi Ping Director
Wang Yong Supervisors

Hangzhou Century Co Headlines

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