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TRS Information Technology Co (SZSE:300229) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)


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What is TRS Information Technology Co Change In Receivables?

TRS Information Technology Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means TRS Information Technology Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

TRS Information Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-55.9 Mil. It means TRS Information Technology Co's Accounts Receivable increased by ¥55.9 Mil from Dec. 2022 to Dec. 2023 .

TRS Information Technology Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥247.8 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. TRS Information Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 101.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TRS Information Technology Co's liquidation value for the three months ended in Sep. 2024 was ¥389.7 Mil.


TRS Information Technology Co Change In Receivables Historical Data

The historical data trend for TRS Information 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.

* Premium members only.

TRS Information Technology Co Change In Receivables Chart

TRS Information Technology 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 -84.83 18.16 -7.99 -37.30 -55.87

TRS Information Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

TRS Information 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 Sep. 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.


TRS Information Technology Co  (SZSE:300229) 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.

TRS Information Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=247.848/221.96*91
=101.89

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

TRS Information Technology Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=510.511-318.848+0.75 * 247.848+0.5 * 24.357
=389.7

* 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.


TRS Information Technology Co Change In Receivables Related Terms

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TRS Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Datun Road, 16th Floor, Block B, West Tower, Chaoyang District, Beijing, CHN, 100101
TRS Information Technology Co Ltd is a provider of artificial intelligence and big data technology and data services in China. The core business of a company includes software product development, industry application solutions and data analysis and mining cloud services, covering big data management, information security, Internet marketing and artificial intelligence.
Executives
He Dong Jiong Secretary Dong
Cao Hui Executives
Ma Xin Long Executives
Xiao Shi Bin Executives
Li Lin Executives
Rong Shi Director
Ling Hu Yong Xing Executives
Yu Fang Hong Independent director
Liu Rui Bao Executives
Li Yu Qin Director
Shi Shui Cai Directors, executives
Wang Han Po Independent director
Fu Jing Securities Affairs Representative
Lin Chun Yu Executives

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