Jiangxi First Hydraulic Co (SZSE:301446) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Jiangxi First Hydraulic Co Change In Receivables?

Jiangxi First Hydraulic Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Jiangxi First Hydraulic Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Jiangxi First Hydraulic Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-18.5 Mil. It means Jiangxi First Hydraulic Co's Accounts Receivable increased by ¥18.5 Mil from Dec. 2022 to Dec. 2023 .

Jiangxi First Hydraulic Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥146.1 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. Jiangxi First Hydraulic Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 136.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangxi First Hydraulic Co's liquidation value for the three months ended in Sep. 2024 was ¥494.4 Mil.

Jiangxi First Hydraulic Co Change In Receivables Historical Data

The historical data trend for Jiangxi First Hydraulic 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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Jiangxi First Hydraulic Co Change In Receivables Chart

Jiangxi First Hydraulic Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-4.77

25.00

-50.45

-109.11

-18.47

Jiangxi First Hydraulic Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial									-	-	-	-	-

Jiangxi First Hydraulic 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Jiangxi First Hydraulic Co (SZSE:301446) 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.

Jiangxi First Hydraulic Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	146.067	/	97.425	*	91
=	136.81

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

Jiangxi First Hydraulic Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	527.743	-	177.059	+	0.75 * 146.067	+	0.5 * 68.299
=	494.4

Jiangxi First Hydraulic Co Change In Receivables Related Terms

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Jiangxi First Hydraulic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangxi First Hydraulic Co Ltd (SZSE:301446) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 1 Fushite Avenue, Shangrao Economic and Technological Development Zone, Jiangxi, Shangrao, CHN, 334100

Website

http://www.jx-first.com

Jiangxi First Hydraulic Co Ltd is a large-scale hydraulic product manufacturer specializing in the research and development, production and sales of hydraulic pipeline systems.

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