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Guangzhou Haozhi Industrial Co (SZSE:300503) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Guangzhou Haozhi Industrial Co Change In Receivables?

Guangzhou Haozhi Industrial Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Guangzhou Haozhi Industrial Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Guangzhou Haozhi Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-3 Mil. It means Guangzhou Haozhi Industrial Co's Accounts Receivable increased by ¥3 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Haozhi Industrial Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥622 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. Guangzhou Haozhi Industrial Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 161.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangzhou Haozhi Industrial Co's liquidation value for the three months ended in Sep. 2024 was ¥-689 Mil.


Guangzhou Haozhi Industrial Co Change In Receivables Historical Data

The historical data trend for Guangzhou Haozhi Industrial 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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Guangzhou Haozhi Industrial Co Change In Receivables Chart

Guangzhou Haozhi Industrial 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 -16.06 -89.41 -119.62 -162.81 -2.70

Guangzhou Haozhi Industrial 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 - - - - -

Guangzhou Haozhi Industrial 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.


Guangzhou Haozhi Industrial Co  (SZSE:300503) 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.

Guangzhou Haozhi Industrial 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
=621.888/352.279*91
=161.09

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

Guangzhou Haozhi Industrial 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)
=44.653-1466.719+0.75 * 621.888+0.5 * 532.607
=-689

* 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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Guangzhou Haozhi Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
No.6 Jiangdong Street, Guangzhou Yonghe Development Zone, Guangdong Province, Guangzhou, CHN, 511356
Guangzhou Haozhi Industrial Co Ltd engages in the research and development, design, manufacture, and sale of high precision spindles and spare parts. Its products include glass grinding spindle, PCB spindle, lathe spindle, engraving spindle, machining center, woodworking spindle, small motor, rotary table, tool holder series, chuck series, drilling center, and ultrasonic spindle.
Executives
Lei Qun Directors, executives
Li Bin Supervisors
Han Shou Lei Director
Xiao Yong Lin Directors, Directors, and Executives
Tang Li Jun Director
Gao Jian Ming Director
Tang Xiu Qing Directors, executives
Ma Wei Executives
Ren Guo Qiang Director
Mei Li Securities Affairs Representative

Guangzhou Haozhi Industrial Co Headlines

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