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Est Tools Co (SZSE:300488) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Est Tools Co Change In Receivables?

Est Tools Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Est Tools Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Est Tools Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-18.3 Mil. It means Est Tools Co's Accounts Receivable increased by ¥18.3 Mil from Dec. 2022 to Dec. 2023 .

Est Tools Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥170.5 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. Est Tools Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 124.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Est Tools Co's liquidation value for the three months ended in Mar. 2024 was ¥-196.0 Mil.


Est Tools Co Change In Receivables Historical Data

The historical data trend for Est Tools 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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Est Tools Co Change In Receivables Chart

Est Tools 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 -75.40 -56.68 -51.99 -52.35 -18.27

Est Tools 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 - - - - -

Est Tools 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 ¥0.0 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.


Est Tools Co  (SZSE:300488) 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.

Est Tools 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
=170.474/124.761*91
=124.68

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

Est Tools 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)
=313.156-705.91+0.75 * 170.474+0.5 * 137.708
=-196.0

* 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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Est Tools Co (SZSE:300488) Business Description

Traded in Other Exchanges
N/A
Address
No. 239 Xinqiao North Road, Wuyuan Town, Zhejiang Province, Jiaxing, CHN, 314300
Est Tools Co Ltd is engaged the company is engaged in the research and development, production and sales of machine tools. The products mainly include precision complex, miscellaneous tools, spline measuring tools, precision cutting tools, and other metal cutting tools and high-precision measuring instruments. The company also offer edge measuring tools, including thread cutters, spline gages, and molding cutters.
Executives
Xu Jian Wei Supervisors
Hu Jin Qiu Securities Affairs Representative
Chen Er Rong Director
Zheng Ji Liang Executives
Zhou Yao Juan Executives
He Qin Song Executives
Yao Hai Feng Executives

Est Tools Co (SZSE:300488) Headlines

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