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Luxshare Precision Industry Co (SZSE:002475) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Luxshare Precision Industry Co Change In Receivables?

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

Luxshare Precision Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥2,055 Mil. It means Luxshare Precision Industry Co's Accounts Receivable declined by ¥2,055 Mil from Dec. 2022 to Dec. 2023 .

Luxshare Precision Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥22,745 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. Luxshare Precision Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luxshare Precision Industry Co's liquidation value for the three months ended in Mar. 2024 was ¥-21,294 Mil.


Luxshare Precision Industry Co Change In Receivables Historical Data

The historical data trend for Luxshare Precision Industry 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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Luxshare Precision Industry Co Change In Receivables Chart

Luxshare Precision Industry 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 -2,538.76 -1,149.27 -13,885.78 6,415.76 2,054.81

Luxshare Precision Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 - - - - -

Luxshare Precision Industry 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.


Luxshare Precision Industry Co  (SZSE:002475) 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.

Luxshare Precision Industry 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
=22744.886/52406.776*91
=39.60

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

Luxshare Precision Industry 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)
=45107.005-97362.621+0.75 * 22744.886+0.5 * 27805.814
=-21,294

* 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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Luxshare Precision Industry Co (SZSE:002475) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650
Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.
Executives
Wang Tao Directors, executives
Wu Tian Song Executives
Huang Da Wei Directors, executives
Wang Lai Sheng Director
Li Wei Directors, executives
Ye Yi Ling Executives, directors
Li Bin Directors, executives
Li Rui Hao Securities Affairs Representative
Xiong Teng Fang Executives
Xue Hai Gao Executives
Yi Pei Zan Supervisors
Chen Chao Fei Directors, executives
Wang Bin Supervisors
Zhou Xuan Supervisors

Luxshare Precision Industry Co (SZSE:002475) Headlines

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