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Kangping Technology (Suzhou) Co (SZSE:300907) Change In Receivables : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Kangping Technology (Suzhou) Co Change In Receivables?

Kangping Technology (Suzhou) Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Kangping Technology (Suzhou) Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Kangping Technology (Suzhou) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-30.2 Mil. It means Kangping Technology (Suzhou) Co's Accounts Receivable increased by ¥30.2 Mil from Dec. 2022 to Dec. 2023 .

Kangping Technology (Suzhou) Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥360.6 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. Kangping Technology (Suzhou) Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 108.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kangping Technology (Suzhou) Co's liquidation value for the three months ended in Jun. 2024 was ¥134.9 Mil.


Kangping Technology (Suzhou) Co Change In Receivables Historical Data

The historical data trend for Kangping Technology (Suzhou) 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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Kangping Technology (Suzhou) Co Change In Receivables Chart

Kangping Technology (Suzhou) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -19.08 -80.89 -16.34 -42.51 -30.23

Kangping Technology (Suzhou) Co Quarterly Data
Jun19 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 - - - - -

Kangping Technology (Suzhou) 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 ¥0.0 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.


Kangping Technology (Suzhou) Co  (SZSE:300907) 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.

Kangping Technology (Suzhou) 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
=360.585/303*91
=108.59

2. In Ben Graham's calculation of liquidation value, Kangping Technology (Suzhou) Co's accounts receivable are only considered to be worth 75% of book value:

Kangping Technology (Suzhou) 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)
=323.695-554.275+0.75 * 360.585+0.5 * 190.181
=134.9

* 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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Kangping Technology (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Huayuan Road, Xiangcheng Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215131
Kangping Technology (Suzhou) Co Ltd is engaged in design, production and sales of motors for power tools, complete power tools and related spare parts.

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