Shenzhen Jove Enterprise (SZSE:300814) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Jove Enterprise Change In Receivables?

Shenzhen Jove Enterprise's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shenzhen Jove Enterprise's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Jove Enterprise's change in receivables for the fiscal year that ended in Dec. 2023 was ¥14 Mil. It means Shenzhen Jove Enterprise's Accounts Receivable declined by ¥14 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Jove Enterprise's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥289 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. Shenzhen Jove Enterprise's Days Sales Outstanding for the three months ended in Mar. 2024 was 88.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Jove Enterprise's liquidation value for the three months ended in Mar. 2024 was ¥-324 Mil.

Shenzhen Jove Enterprise Change In Receivables Historical Data

The historical data trend for Shenzhen Jove Enterprise'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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Shenzhen Jove Enterprise Change In Receivables Chart

Shenzhen Jove Enterprise Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-63.09

0.61

-214.17

-51.74

14.08

Shenzhen Jove Enterprise Quarterly Data
	Dec18	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															-	-	-	-	-

Shenzhen Jove Enterprise 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.

Shenzhen Jove Enterprise (SZSE:300814) 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.

Shenzhen Jove Enterprise's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	289.015	/	296.789	*	91
=	88.86

2. In Ben Graham's calculation of liquidation value, Shenzhen Jove Enterprise's accounts receivable are only considered to be worth 75% of book value:

Shenzhen Jove Enterprise'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)
=	384.358	-	1079.055	+	0.75 * 289.015	+	0.5 * 307.815
=	-324

Shenzhen Jove Enterprise Change In Receivables Related Terms

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Shenzhen Jove Enterprise (SZSE:300814) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jove Enterprise Ltd (SZSE:300814) » Definitions » Change In Receivables

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Address

No. 8, Xingye Road, Shajing Street, Heyi Community and Second Industrial Zone, Baoan District, Guangdong, Shenzhen, CHN, 518104

Website

http://www.jovepcb.com

Shenzhen Jove Enterprise Ltd is engaged in the printed circuit board development, production and sales. The products include heavy copper coil board, high frequency high speed board, metal core, rigid-flex, flexible multilayer board and others. It is widely applied to power and energy, telecom and datacom, automotive electronics, industrial control, security and medical industry.

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