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Fujian Newchoice Pipe Technology Co (SZSE:300198) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)


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What is Fujian Newchoice Pipe Technology Co Change In Receivables?

Fujian Newchoice Pipe Technology Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Fujian Newchoice Pipe Technology Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Fujian Newchoice Pipe Technology Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥34.4 Mil. It means Fujian Newchoice Pipe Technology Co's Accounts Receivable declined by ¥34.4 Mil from Dec. 2023 to Dec. 2024 .

Fujian Newchoice Pipe Technology Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥480.3 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. Fujian Newchoice Pipe Technology Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 2,643.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fujian Newchoice Pipe Technology Co's liquidation value for the three months ended in Mar. 2025 was ¥-1,617.2 Mil.


Fujian Newchoice Pipe Technology Co Change In Receivables Historical Data

The historical data trend for Fujian Newchoice Pipe Technology 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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Fujian Newchoice Pipe Technology Co Change In Receivables Chart

Fujian Newchoice Pipe Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.39 -39.39 1.86 94.21 34.39

Fujian Newchoice Pipe Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Fujian Newchoice Pipe Technology 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. 2025 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.


Fujian Newchoice Pipe Technology Co  (SZSE:300198) 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.

Fujian Newchoice Pipe Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=480.313/16.581*91
=2,643.30

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

Fujian Newchoice Pipe Technology Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=16.628-2009.666+0.75 * 480.313+0.5 * 31.12
=-1,617.2

* 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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Fujian Newchoice Pipe Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.666 Xiahe Road, 25F,Haiyi Building A, Siming District, Xiamen, CHN, 362000
Fujian Newchoice Pipe Technology Co Ltd operates as a high-tech environmental protection industry group in China. Its business covers new energy vehicles, PPP investment construction, and green environmental protection pipes. Its products include High-density polyethylene (HDPE) wound structure wall tube, Steel skeleton polyethylene (PE) plastic composite pipe and FRP sand pipe.
Executives
Zhang Xiao Li Supervisors
Liu Rong Xuan Director
Xiao Ren Jian Directors, executives
Chen Zhi Jiang Directors, executives
Chen Zhang Quan Securities Affairs Representative
Cai Qiu Lin Supervisors
Cai Le Min Directors, executives
Liu Yu Lin Director
Fu Yi Ying Directors, executives
Xu Wan Jiao Securities Affairs Representative
Yang Hui Secretary, Director
Wang Li Qun Executives
Zhang Ping Executives

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