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Hunan Sund Technological (SZSE:301548) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Hunan Sund Technological Change In Receivables?

Hunan Sund Technological's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Hunan Sund Technological's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Hunan Sund Technological's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-74.7 Mil. It means Hunan Sund Technological's Accounts Receivable increased by ¥74.7 Mil from Dec. 2022 to Dec. 2023 .

Hunan Sund Technological's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥227.9 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. Hunan Sund Technological's Days Sales Outstanding for the three months ended in Mar. 2024 was 181.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hunan Sund Technological's liquidation value for the three months ended in Mar. 2024 was ¥963.9 Mil.


Hunan Sund Technological Change In Receivables Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Change In Receivables Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -28.03 -20.24 -33.53 -95.89 -74.67

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - - - - -

Hunan Sund Technological 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.

* 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.


Hunan Sund Technological  (SZSE:301548) 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.

Hunan Sund Technological's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=227.891/114.749*91
=181.22

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

Hunan Sund Technological'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)
=936.35-195.078+0.75 * 227.891+0.5 * 103.347
=963.9

* 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.


Hunan Sund Technological Change In Receivables Related Terms

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Hunan Sund Technological (SZSE:301548) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

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