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Huaqin Technology Co (SHSE:603296) Change In Receivables : ¥-4,400 Mil (TTM As of Mar. 2024)


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What is Huaqin Technology Co Change In Receivables?

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

Huaqin Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,025 Mil. It means Huaqin Technology Co's Accounts Receivable increased by ¥1,025 Mil from Dec. 2022 to Dec. 2023 .

Huaqin Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥13,895 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. Huaqin Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huaqin Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,081 Mil.


Huaqin Technology Co Change In Receivables Historical Data

The historical data trend for Huaqin 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.

* Premium members only.

Huaqin Technology Co Change In Receivables Chart

Huaqin Technology Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,355.08 -7,205.16 -5,583.21 4,971.11 -1,025.20

Huaqin Technology Co Quarterly Data
Dec11 Mar12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec18 Dec19 Dec20 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 1,619.30 -4,400.15 - - -

Huaqin 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 ¥-4,400 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.


Huaqin Technology Co  (SHSE:603296) 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.

Huaqin 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
=13894.918/16228.945*91
=78.13

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

Huaqin 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)
=15500.025-30497.058+0.75 * 13894.918+0.5 * 4990.068
=-2,081

* 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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Huaqin Technology Co (SHSE:603296) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.
Executives
Wu Zhen Hai Directors, senior managers
Qiu Wen Sheng Directors, senior managers

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