Shanghai Guao Electronic Technology Co (SZSE:300551) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shanghai Guao Electronic Technology Co Change In Receivables?

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

Shanghai Guao Electronic Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-36.2 Mil. It means Shanghai Guao Electronic Technology Co's Accounts Receivable increased by ¥36.2 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Guao Electronic Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥110.2 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. Shanghai Guao Electronic Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 143.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Guao Electronic Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥55.7 Mil.

Shanghai Guao Electronic Technology Co Change In Receivables Historical Data

The historical data trend for Shanghai Guao Electronic 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.

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Shanghai Guao Electronic Technology Co Change In Receivables Chart

Shanghai Guao Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-41.92

88.29

43.46

-36.59

-36.22

Shanghai Guao Electronic 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															-	-	-	-	-

Shanghai Guao Electronic 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 ¥0.0 Mil.

Shanghai Guao Electronic Technology Co (SZSE:300551) 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.

Shanghai Guao Electronic 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
=	110.223	/	70.169	*	91
=	143.34

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

Shanghai Guao Electronic 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)
=	357.184	-	458.078	+	0.75 * 110.223	+	0.5 * 147.792
=	55.7

Shanghai Guao Electronic Technology Co Change In Receivables Related Terms

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Shanghai Guao Electronic Technology Co (SZSE:300551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Guao Electronic Technology Co Ltd (SZSE:300551) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No.6, Alley 1225 TongPu Road, PuTuo District, Shanghai, CHN, 200333

Website

http://www.gooao.cn

Shanghai Guao Electronic Technology Co Ltd is a high-tech enterprise specializing in research and development, production, sales and service of financial equipment in China. Its products portfolio includes banknote (coin) sorting machine, the banknote clearing line, the RMB point detector, the multi-country currency point detector, the banknote clearing and laminating machine, the banknote machine, the multi-country currency identification instrument, and the clearing machine.

Executives

Hou Yao Qi	Director
Chen Chong Jun	Director
Li Rui Ming	Executives
Zhang Xiang Yu	Directors, executives
Jiang Xiao Dan	Directors, executives
Liu Peng	Securities Affairs Representative

Shanghai Guao Electronic Technology Co (SZSE:300551) Headlines

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