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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Zhejiang Jingsheng Mechanical and Electrical Co Change In Receivables?

Zhejiang Jingsheng Mechanical and Electrical Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Zhejiang Jingsheng Mechanical and Electrical Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Zhejiang Jingsheng Mechanical and Electrical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,748 Mil. It means Zhejiang Jingsheng Mechanical and Electrical Co's Accounts Receivable increased by ¥1,748 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Jingsheng Mechanical and Electrical Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥3,965 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. Zhejiang Jingsheng Mechanical and Electrical Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 83.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Jingsheng Mechanical and Electrical Co's liquidation value for the three months ended in Sep. 2024 was ¥-3,070 Mil.


Zhejiang Jingsheng Mechanical and Electrical Co Change In Receivables Historical Data

The historical data trend for Zhejiang Jingsheng Mechanical and Electrical 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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Zhejiang Jingsheng Mechanical and Electrical Co Change In Receivables Chart

Zhejiang Jingsheng Mechanical and Electrical 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 -1,115.46 -1,016.84 -945.50 -2,537.86 -1,747.67

Zhejiang Jingsheng Mechanical and Electrical 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 - - - - -

Zhejiang Jingsheng Mechanical and Electrical 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 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.


Zhejiang Jingsheng Mechanical and Electrical Co  (SZSE:300316) 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.

Zhejiang Jingsheng Mechanical and Electrical 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
=3965.318/4330.736*91
=83.55

2. In Ben Graham's calculation of liquidation value, Zhejiang Jingsheng Mechanical and Electrical Co's accounts receivable are only considered to be worth 75% of book value:

Zhejiang Jingsheng Mechanical and Electrical 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)
=3286.474-15603.229+0.75 * 3965.318+0.5 * 12544.856
=-3,070

* 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.


Zhejiang Jingsheng Mechanical and Electrical Co Change In Receivables Related Terms

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Zhejiang Jingsheng Mechanical and Electrical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Shunda Road, Linping District, Zhejiang Province, Shangyu District, Hangzhou, CHN, 311199
Zhejiang Jingsheng Mechanical and Electrical Co Ltd is engaged in Research & Development, manufacturing and sales of crystalline silicon growth equipment and its control systems.
Executives
Lu Xiao Wen Directors, executives
Tao Huan Jun Securities Affairs Representative
Zhang Jun Executives
Fu Lin Jian Executives
Zhu Liang Directors, executives
Shi Gang Executives
Cao Jian Wei Directors, executives
Wang Qiu Chao Independent director
Qiu Min Xiu Director
Shen Bo Wei Supervisors
Li Shi Lun Director
Mao Quan Lin Directors, executives

Zhejiang Jingsheng Mechanical and Electrical Co Headlines

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