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Focus Lightings Tech Co (SZSE:300708) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Focus Lightings Tech Co Change In Receivables?

Focus Lightings Tech Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Focus Lightings Tech Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Focus Lightings Tech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥153 Mil. It means Focus Lightings Tech Co's Accounts Receivable declined by ¥153 Mil from Dec. 2022 to Dec. 2023 .

Focus Lightings Tech Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥498 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. Focus Lightings Tech Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 62.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Focus Lightings Tech Co's liquidation value for the three months ended in Jun. 2024 was ¥485 Mil.


Focus Lightings Tech Co Change In Receivables Historical Data

The historical data trend for Focus Lightings Tech 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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Focus Lightings Tech Co Change In Receivables Chart

Focus Lightings Tech 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 -167.55 -14.27 -104.35 2.09 153.35

Focus Lightings Tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Focus Lightings Tech 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 Jun. 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.


Focus Lightings Tech Co  (SZSE:300708) 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.

Focus Lightings Tech Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=498.361/733.367*91
=62.01

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

Focus Lightings Tech Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1973.395-1979.579+0.75 * 498.361+0.5 * 234.342
=485

* 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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Focus Lightings Tech Co Business Description

Traded in Other Exchanges
N/A
Address
8 Xinqing Road, Suzhou Industrial Park, Suzhou, CHN, 215125
Focus Lightings Tech Co Ltd is a China-based company is engaged in the manufacture and production of home and commercial lighting products. Its products include glitter lamp, desk lamp, floor lamp, wall lamp, ceiling lamp, and a pendent lamp. The company's products can be used in backlight and lighting and other fields.
Executives
Xu Ying Gai Director
Wang Hui Supervisors
Pan Hua Rong Directors, executives
Lu Ye Executives
Cheng Fei Long Directors, executives
Xu Wen Wen Securities Affairs Representative
Yin Zuo Zhao Director
Xiang Fang Nan Director
Wang Yan Li Executives
Qin Zhen Director

Focus Lightings Tech Co Headlines

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