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Shijihengtong Technology Co (SZSE:301428) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Shijihengtong Technology Co Change In Receivables?

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

Shijihengtong Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-423 Mil. It means Shijihengtong Technology Co's Accounts Receivable increased by ¥423 Mil from Dec. 2022 to Dec. 2023 .

Shijihengtong Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥307 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. Shijihengtong Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 96.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shijihengtong Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-107 Mil.


Shijihengtong Technology Co Change In Receivables Historical Data

The historical data trend for Shijihengtong Technology 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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Shijihengtong Technology Co Change In Receivables Chart

Shijihengtong Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -205.62 7.05 -241.92 -67.30 -422.77

Shijihengtong Technology Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Dec18 Dec19 Mar20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Shijihengtong Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥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.


Shijihengtong Technology Co  (SZSE:301428) 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.

Shijihengtong Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=306.818/291.113*91
=96.17

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

Shijihengtong Technology Co'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)
=341.187-699.533+0.75 * 306.818+0.5 * 42.798
=-107

* 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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Shijihengtong Technology Co (SZSE:301428) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Nanyuan Science and Education Street, Guiyang National High-tech Industrial Development Zone, Core Area, Guiyang Science and Technology Park, Zhongguancun, Guizhou Province, Guiyang, CHN, 550014
Shijihengtong Technology Co Ltd is a professional information technology service provider. The company is engaged in the Independent development of technology platform and the construction of service network.

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