Xinjiang Machinery Research Institute Co (SZSE:300159) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Xinjiang Machinery Research Institute Co Change In Receivables?

Xinjiang Machinery Research Institute Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Xinjiang Machinery Research Institute Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Xinjiang Machinery Research Institute Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥324 Mil. It means Xinjiang Machinery Research Institute Co's Accounts Receivable declined by ¥324 Mil from Dec. 2022 to Dec. 2023 .

Xinjiang Machinery Research Institute Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥357 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. Xinjiang Machinery Research Institute Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,041.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xinjiang Machinery Research Institute Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,043 Mil.

Xinjiang Machinery Research Institute Co Change In Receivables Historical Data

The historical data trend for Xinjiang Machinery Research Institute 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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Xinjiang Machinery Research Institute Co Change In Receivables Chart

Xinjiang Machinery Research Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-745.68

360.32

118.24

-575.21

323.51

Xinjiang Machinery Research Institute 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															-	-	-	-	-

Xinjiang Machinery Research Institute 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.

Xinjiang Machinery Research Institute Co (SZSE:300159) 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.

Xinjiang Machinery Research Institute 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
=	356.584	/	31.244	*	91
=	1,041.43

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

Xinjiang Machinery Research Institute 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)
=	395.054	-	2867.298	+	0.75 * 356.584	+	0.5 * 323.738
=	-2,043

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Xinjiang Machinery Research Institute Co (SZSE:300159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xinjiang Machinery Research Institute Co Ltd (SZSE:300159) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Xinjiang 239, Beijing Road, Urumqi, Beijing, CHN, 830,013

Website

http://www.xjjxy.com.cn

Xinjiang Machinery Research Institute Co Ltd is engaged in the research, design, manufacture, and sale of agricultural and livestock machinery. The company specializes in medium and high-end agricultural and animal husbandry machinery products. The main products include series wheeled tractors, farming machinery, large self-propelled grain harvester family, self-propelled corn harvester series, straw forage harvester series, cash crop harvesting machine, and fruit machine.

Executives

Wu Yang	Directors, executives
Zhou Wei Hua	Director
Feng Guo Xiang	Supervisors
Yang Li Jun	Director
Jiang Ren Xi	Executives
Wang Xiao Yu	Executives
Mao Shan Yi	Supervisors
Li Ji Lan	Executives
Jin Fan	Executives
Si Wen Feng	Director
A Li Mu Mai Mai Ti Tu Er Xun	Supervisors
Wang Jian Jun	Directors, Directors, and Executives
Li Li	Director

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