Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Guangdong High Dream Intellectualized Machinery Co Change In Receivables?

Guangdong High Dream Intellectualized Machinery Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Guangdong High Dream Intellectualized Machinery Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangdong High Dream Intellectualized Machinery Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-17.1 Mil. It means Guangdong High Dream Intellectualized Machinery Co's Accounts Receivable increased by ¥17.1 Mil from Dec. 2022 to Dec. 2023 .

Guangdong High Dream Intellectualized Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥35.0 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. Guangdong High Dream Intellectualized Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong High Dream Intellectualized Machinery Co's liquidation value for the three months ended in Mar. 2024 was ¥273.1 Mil.

Guangdong High Dream Intellectualized Machinery Co Change In Receivables Historical Data

The historical data trend for Guangdong High Dream Intellectualized Machinery 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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Guangdong High Dream Intellectualized Machinery Co Change In Receivables Chart

Guangdong High Dream Intellectualized Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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9.90

-3.24

-10.13

-4.80

-17.13

Guangdong High Dream Intellectualized Machinery 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															-	-	-	-	-

Guangdong High Dream Intellectualized Machinery 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.

Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) 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.

Guangdong High Dream Intellectualized Machinery 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
=	35.006	/	43.049	*	91
=	74.20

2. In Ben Graham's calculation of liquidation value, Guangdong High Dream Intellectualized Machinery Co's accounts receivable are only considered to be worth 75% of book value:

Guangdong High Dream Intellectualized Machinery 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)
=	256.565	-	54.957	+	0.75 * 35.006	+	0.5 * 90.393
=	273.1

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Guangdong High Dream Intellectualized Machinery Co (SZSE:300720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong High Dream Intellectualized Machinery Co Ltd (SZSE:300720) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Longzhan Road, Huanglong Village Committee, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.highdream.net

Guangdong High Dream Intellectualized Machinery Co Ltd manufactures and sells weighing machineries in China. The company's products include intelligent combination scales, metal detector, loss-in-weight feeders and ancillary equipment. Its products are used for the weighing in food, plastic and chemical industries, as well as for the dynamic measurement in feeding, batching and other processes.

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