Shanghai National Center of Testing & Inspection for Electric Cable & Wire (SZSE:301289) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shanghai National Center of Testing & Inspection for Electric Cable & Wire Change In Receivables?

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-4.9 Mil. It means Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Accounts Receivable increased by ¥4.9 Mil from Dec. 2022 to Dec. 2023 .

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥47.8 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. Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai National Center of Testing & Inspection for Electric Cable & Wire's liquidation value for the three months ended in Mar. 2024 was ¥504.6 Mil.

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Change In Receivables Historical Data

The historical data trend for Shanghai National Center of Testing & Inspection for Electric Cable & Wire'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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Shanghai National Center of Testing & Inspection for Electric Cable & Wire Change In Receivables Chart

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.54

-21.82

14.16

-7.20

-4.93

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

Shanghai National Center of Testing & Inspection for Electric Cable & Wire 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 ¥0.0 Mil.

Shanghai National Center of Testing & Inspection for Electric Cable & Wire (SZSE:301289) 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.

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	47.75	/	67.622	*	91
=	64.43

2. In Ben Graham's calculation of liquidation value, Shanghai National Center of Testing & Inspection for Electric Cable & Wire's accounts receivable are only considered to be worth 75% of book value:

Shanghai National Center of Testing & Inspection for Electric Cable & Wire'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)
=	688.92	-	223.74	+	0.75 * 47.75	+	0.5 * 7.156
=	504.6

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Change In Receivables Related Terms

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Shanghai National Center of Testing & Inspection for Electric Cable & Wire (SZSE:301289) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shanghai National Center of Testing & Inspection for Electric Cable & Wire (SZSE:301289) » Definitions » Change In Receivables

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Address

No. 888 Zhenchen Road, Baoshan District, Shanghai, CHN, 200444

Website

http://www.ticw.com.cn

Shanghai National Center of Testing & Inspection for Electric Cable & Wire is involved in the testing and inspection services for wire, cable and fiber optic cables. The main business scope includes testing, calibration, inspection, proficiency testing, 3C certification and production license testing, engineering application technical services, standardization services and others.

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