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Shandong Tongda Island New Materials Co (SZSE:300321) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)


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What is Shandong Tongda Island New Materials Co Change In Receivables?

Shandong Tongda Island New Materials Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Shandong Tongda Island New Materials Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Shandong Tongda Island New Materials Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-22.5 Mil. It means Shandong Tongda Island New Materials Co's Accounts Receivable increased by ¥22.5 Mil from Dec. 2023 to Dec. 2024 .

Shandong Tongda Island New Materials Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥90.4 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. Shandong Tongda Island New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 88.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Tongda Island New Materials Co's liquidation value for the three months ended in Mar. 2025 was ¥272.0 Mil.


Shandong Tongda Island New Materials Co Change In Receivables Historical Data

The historical data trend for Shandong Tongda Island New Materials 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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Shandong Tongda Island New Materials Co Change In Receivables Chart

Shandong Tongda Island New Materials 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 -39.98 44.33 21.82 15.77 -22.52

Shandong Tongda Island New Materials 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 - - - - -

Shandong Tongda Island New Materials 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.


Shandong Tongda Island New Materials Co  (SZSE:300321) 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.

Shandong Tongda Island New Materials 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
=90.424/93.145*91
=88.58

2. In Ben Graham's calculation of liquidation value, Shandong Tongda Island New Materials Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Tongda Island New Materials 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)
=188.018-49.235+0.75 * 90.424+0.5 * 130.707
=272.0

* 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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Shandong Tongda Island New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 522, Tongda Street, Shandong Province, Changyi City, CHN, 261300
Shandong Tongda Island New Materials Co Ltd is engaged in production and sales of microfiber base fabric, microfiber smooth leather, microfiber suede leather, apparel fabrics and accessories. The products of the company can be used for footwear, furniture accessories, sporting goods and automobiles.
Executives
Xu Xu Ri Directors, executives
Xu Yan Feng Director
Li Yan Xia Directors, executives
Zhang Sha Secretary, Director
Wei Zeng Bao Director
Zhang Tong Executives
Kou Xiang Dong Director
Wang Le Zhi Directors, executives
Zheng Yong Gui Directors, executives
Jiang Hao Xiong Director

Shandong Tongda Island New Materials Co Headlines

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