JL Mag Rare-Earth Co (SZSE:300748) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is JL Mag Rare-Earth Co Change In Receivables?

JL Mag Rare-Earth Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means JL Mag Rare-Earth Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

JL Mag Rare-Earth Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥257 Mil. It means JL Mag Rare-Earth Co's Accounts Receivable declined by ¥257 Mil from Dec. 2022 to Dec. 2023 .

JL Mag Rare-Earth Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,007 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. JL Mag Rare-Earth Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. JL Mag Rare-Earth Co's liquidation value for the three months ended in Mar. 2024 was ¥1,387 Mil.

JL Mag Rare-Earth Co Change In Receivables Historical Data

The historical data trend for JL Mag Rare-Earth 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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JL Mag Rare-Earth Co Change In Receivables Chart

JL Mag Rare-Earth Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-310.85

-152.48

-458.69

-2,098.52

256.76

JL Mag Rare-Earth 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															-	-	-	-	-

JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co (SZSE:300748) 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.

JL Mag Rare-Earth 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
=	2007.242	/	1536.247	*	91
=	119.23

2. In Ben Graham's calculation of liquidation value, JL Mag Rare-Earth Co's accounts receivable are only considered to be worth 75% of book value:

JL Mag Rare-Earth 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)
=	3142.103	-	4456.129	+	0.75 * 2007.242	+	0.5 * 2391.812
=	1,387

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JL Mag Rare-Earth Co (SZSE:300748) Business Description

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Traded in Other Exchanges

06680:Hong Kong 3KLA:Germany

Address

81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000

Website

https://www.jlmag.com.cn

JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.

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