GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crystal Clear Electronic Material Co Ltd (SZSE:300655) » Definitions » Change In Receivables

Crystal Clear Electronic Material Co (SZSE:300655) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Crystal Clear Electronic Material Co Change In Receivables?

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

Crystal Clear Electronic Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-158 Mil. It means Crystal Clear Electronic Material Co's Accounts Receivable increased by ¥158 Mil from Dec. 2022 to Dec. 2023 .

Crystal Clear Electronic Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥404 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. Crystal Clear Electronic Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 111.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Crystal Clear Electronic Material Co's liquidation value for the three months ended in Mar. 2024 was ¥573 Mil.


Crystal Clear Electronic Material Co Change In Receivables Historical Data

The historical data trend for Crystal Clear Electronic Material 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.

Crystal Clear Electronic Material Co Change In Receivables Chart

Crystal Clear Electronic Material 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 80.77 -38.58 60.65 88.62 -158.36

Crystal Clear Electronic Material 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 - - - - -

Crystal Clear Electronic Material 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.


Crystal Clear Electronic Material Co  (SZSE:300655) 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.

Crystal Clear Electronic Material 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
=404.096/329.794*91
=111.81

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

Crystal Clear Electronic Material 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)
=1874.744-1684.566+0.75 * 404.096+0.5 * 158.613
=573

* 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.


Crystal Clear Electronic Material Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Crystal Clear Electronic Material Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Crystal Clear Electronic Material Co (SZSE:300655) Business Description

Traded in Other Exchanges
N/A
Address
No.168, Shanfeng Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215168
Suzhou Crystal Clear Chemical Co Ltd produces and sells ultra-purifying materials and other fine chemical products for the microelectronics industry. Its main products include ultra-clean high-purity reagents, photoresist materials, functional materials and lithium battery adhesives, among others. Its products are mainly used in the manufacturing of semiconductors, photovoltaic solar cells, light-emitting diodes (LEDs), and lithium batteries.

Crystal Clear Electronic Material Co (SZSE:300655) Headlines

No Headlines