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Lens Technology Co (SZSE:300433) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Lens Technology Co Change In Receivables?

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

Lens Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-435 Mil. It means Lens Technology Co's Accounts Receivable increased by ¥435 Mil from Dec. 2022 to Dec. 2023 .

Lens Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥7,828 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. Lens Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lens Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-9,323 Mil.


Lens Technology Co Change In Receivables Historical Data

The historical data trend for Lens 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.

Lens Technology Co Change In Receivables Chart

Lens 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 -568.30 -771.20 -2,042.58 1,544.87 -434.68

Lens Technology 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 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 - - - - -

Lens 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. 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.


Lens Technology Co  (SZSE:300433) 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.

Lens Technology 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
=7828.184/15498.275*91
=46.09

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

Lens Technology 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)
=9851.318-28418.769+0.75 * 7828.184+0.5 * 6746.008
=-9,323

* 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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Lens Technology Co (SZSE:300433) Business Description

Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.
Executives
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Xin Yi Director
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co (SZSE:300433) Headlines

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