China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is China Machinery Huanyu Certification and Inspection Co Change In Receivables?

China Machinery Huanyu Certification and Inspection Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means China Machinery Huanyu Certification and Inspection Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

China Machinery Huanyu Certification and Inspection Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-72.9 Mil. It means China Machinery Huanyu Certification and Inspection Co's Accounts Receivable increased by ¥72.9 Mil from Dec. 2022 to Dec. 2023 .

China Machinery Huanyu Certification and Inspection Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥180.9 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. China Machinery Huanyu Certification and Inspection Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Machinery Huanyu Certification and Inspection Co's liquidation value for the three months ended in Mar. 2024 was ¥250.6 Mil.

China Machinery Huanyu Certification and Inspection Co Change In Receivables Historical Data

The historical data trend for China Machinery Huanyu Certification and Inspection 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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China Machinery Huanyu Certification and Inspection Co Change In Receivables Chart

China Machinery Huanyu Certification and Inspection Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-36.19

-48.13

-95.39

-36.18

-72.92

China Machinery Huanyu Certification and Inspection Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

China Machinery Huanyu Certification and Inspection 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 ¥0.0 Mil.

China Machinery Huanyu Certification and Inspection Co (SZSE:301508) 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.

China Machinery Huanyu Certification and Inspection 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
=	180.942	/	169.116	*	91
=	97.63

2. In Ben Graham's calculation of liquidation value, China Machinery Huanyu Certification and Inspection Co's accounts receivable are only considered to be worth 75% of book value:

China Machinery Huanyu Certification and Inspection 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)
=	817.243	-	702.932	+	0.75 * 180.942	+	0.5 * 1.254
=	250.6

China Machinery Huanyu Certification and Inspection Co Change In Receivables Related Terms

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China Machinery Huanyu Certification and Inspection Co (SZSE:301508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Machinery Huanyu Certification and Inspection Co Ltd (SZSE:301508) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 32, Tianrong Street, Beizangcun Town, Daxing, Beijing, CHN, 102609

Website

http://www.cmhci.com.cn

China Machinery Huanyu Certification and Inspection Co Ltd provides Product inspection and testing services for complete automobiles, military equipment, engineering machinery, special equipment, civil aviation ground equipment, parts and components, as well as certification services such as product certification, system certification and service certification.

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