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Dongguan Golden Sun Abrasives Co (SZSE:300606) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)


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What is Dongguan Golden Sun Abrasives Co Change In Receivables?

Dongguan Golden Sun Abrasives Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Dongguan Golden Sun Abrasives Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Dongguan Golden Sun Abrasives Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥72.7 Mil. It means Dongguan Golden Sun Abrasives Co's Accounts Receivable declined by ¥72.7 Mil from Dec. 2023 to Dec. 2024 .

Dongguan Golden Sun Abrasives Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥191.7 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. Dongguan Golden Sun Abrasives Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 145.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dongguan Golden Sun Abrasives Co's liquidation value for the three months ended in Mar. 2025 was ¥-124.1 Mil.


Dongguan Golden Sun Abrasives Co Change In Receivables Historical Data

The historical data trend for Dongguan Golden Sun Abrasives 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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Dongguan Golden Sun Abrasives Co Change In Receivables Chart

Dongguan Golden Sun Abrasives 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 54.58 -179.92 38.85 -59.31 72.69

Dongguan Golden Sun Abrasives 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 - - - - -

Dongguan Golden Sun Abrasives 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.


Dongguan Golden Sun Abrasives Co  (SZSE:300606) 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.

Dongguan Golden Sun Abrasives 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
=191.668/120.293*91
=145.39

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

Dongguan Golden Sun Abrasives 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)
=148.118-508.019+0.75 * 191.668+0.5 * 184.173
=-124.1

* 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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Dongguan Golden Sun Abrasives Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Dahuan Road, Dalingshan Town, Guangdong Province, Dongguan, CHN, 523826
Dongguan Golden Sun Abrasives Co Ltd is based in China. The company is mainly engaged in the research and development, production and sales of polishing materials, high-end intelligent equipment and precision structural parts manufacturing services, providing customers with comprehensive solutions for precision grinding and polishing and precision structural parts manufacturing.
Executives
Du Zhang Bo Director
Yang Wei Directors, executives
Fang Hong Directors, executives
Liu Yi Biao Directors, executives
Du Yan Yan Secretary Dong
Nong Zhong Chao Executives
Zhu Yuan Ji Executives
Yan Xin Ting Supervisors
Yang Lu Directors, executives
Li Ya Bin Supervisors
Xu Man Director

Dongguan Golden Sun Abrasives Co Headlines

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