Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Qinhuangdao Tianqin Equipment Manufacturing Co Change In Receivables?

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

Qinhuangdao Tianqin Equipment Manufacturing Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-38.8 Mil. It means Qinhuangdao Tianqin Equipment Manufacturing Co's Accounts Receivable increased by ¥38.8 Mil from Dec. 2023 to Dec. 2024 .

Qinhuangdao Tianqin Equipment Manufacturing Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥84.1 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. Qinhuangdao Tianqin Equipment Manufacturing Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 153.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qinhuangdao Tianqin Equipment Manufacturing Co's liquidation value for the three months ended in Mar. 2025 was ¥417.6 Mil.

Qinhuangdao Tianqin Equipment Manufacturing Co Change In Receivables Historical Data

The historical data trend for Qinhuangdao Tianqin Equipment Manufacturing 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.

* Premium members only.

Qinhuangdao Tianqin Equipment Manufacturing Co Change In Receivables Chart

Qinhuangdao Tianqin Equipment Manufacturing Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

-41.77

2.64

-4.77

39.79

-38.81

Qinhuangdao Tianqin Equipment Manufacturing 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															-	-	-	-	-

Qinhuangdao Tianqin Equipment Manufacturing 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.

Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) 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.

Qinhuangdao Tianqin Equipment Manufacturing 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
=	84.149	/	49.873	*	91
=	153.96

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

Qinhuangdao Tianqin Equipment Manufacturing 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)
=	478.892	-	141.714	+	0.75 * 84.149	+	0.5 * 34.541
=	417.6

Qinhuangdao Tianqin Equipment Manufacturing Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Qinhuangdao Tianqin Equipment Manufacturing Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Qinhuangdao Tianqin Equipment Manufacturing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Qinhuangdao Tianqin Equipment Manufacturing Co Ltd (SZSE:300922) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Xueshan Road, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004

Website

http://www.tianqin.net

Qinhuangdao Tianqin Equipment Manufacturing Co Ltd is engaged in the research and development, production and sales of special protective devices and equipment parts centered on the new processing and application technology of polymer composite materials.

Executives

Song Jin Suo	Director
Liu Jin Shu	Executives
Zhang Peng	Director
Wang Zhao Jun	Director
Bi Yi Jun	Supervisors
Wang Su Rong	Directors, Directors, and Executives
Tong Qiu Ju	Executives
Ji Fu Yan	Executives
Liu Xing Min	Executives
Pan Jian Hui	Director
Li Li Yong	Supervisors

Qinhuangdao Tianqin Equipment Manufacturing Co Headlines

No Headlines