Tianjin Jieqiang Power Equipment Co (SZSE:300875) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)

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What is Tianjin Jieqiang Power Equipment Co Change In Receivables?

Tianjin Jieqiang Power Equipment Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Tianjin Jieqiang Power Equipment Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Tianjin Jieqiang Power Equipment Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥1.5 Mil. It means Tianjin Jieqiang Power Equipment Co's Accounts Receivable declined by ¥1.5 Mil from Dec. 2023 to Dec. 2024 .

Tianjin Jieqiang Power Equipment Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥200.8 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. Tianjin Jieqiang Power Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 556.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tianjin Jieqiang Power Equipment Co's liquidation value for the three months ended in Mar. 2025 was ¥176.1 Mil.

Tianjin Jieqiang Power Equipment Co Change In Receivables Historical Data

The historical data trend for Tianjin Jieqiang Power Equipment 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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Tianjin Jieqiang Power Equipment Co Change In Receivables Chart

Tianjin Jieqiang Power Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-153.16

108.58

-237.85

18.12

1.48

Tianjin Jieqiang Power Equipment Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Tianjin Jieqiang Power Equipment 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Tianjin Jieqiang Power Equipment Co (SZSE:300875) 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.

Tianjin Jieqiang Power Equipment Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	200.786	/	32.922	*	91
=	556.52

2. In Ben Graham's calculation of liquidation value, Tianjin Jieqiang Power Equipment Co's accounts receivable are only considered to be worth 75% of book value:

Tianjin Jieqiang Power Equipment Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	259.633	-	336.259	+	0.75 * 200.786	+	0.5 * 204.253
=	176.1

Tianjin Jieqiang Power Equipment Co Change In Receivables Related Terms

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Tianjin Jieqiang Power Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tianjin Jieqiang Power Equipment Co Ltd (SZSE:300875) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Fenhe South Road, Science and Technology Park, Beichen District, Tianjin, CHN, 300402

Website

http://www.tjjqdl.com

Tianjin Jieqiang Power Equipment Co Ltd is engaged in research and development, production and sales of core components of nuclear, chemical, and biological defense equipment, providing military nuclear equipment for various general models The hydraulic power system of the raw decontamination vehicle. The company's products include Hydraulic and electric drive system; Liquid flooding equipment; Decontamination device; and Scientific research results.

Executives

Qiao Shun Chang

Director

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