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Chaozhou Three-Circle (Group) Co (SZSE:300408) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Chaozhou Three-Circle (Group) Co Change In Receivables?

Chaozhou Three-Circle (Group) Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Chaozhou Three-Circle (Group) Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Chaozhou Three-Circle (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-566 Mil. It means Chaozhou Three-Circle (Group) Co's Accounts Receivable increased by ¥566 Mil from Dec. 2022 to Dec. 2023 .

Chaozhou Three-Circle (Group) Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,600 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. Chaozhou Three-Circle (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chaozhou Three-Circle (Group) Co's liquidation value for the three months ended in Mar. 2024 was ¥5,332 Mil.


Chaozhou Three-Circle (Group) Co Change In Receivables Historical Data

The historical data trend for Chaozhou Three-Circle (Group) 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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Chaozhou Three-Circle (Group) Co Change In Receivables Chart

Chaozhou Three-Circle (Group) 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 672.07 -894.43 -793.36 623.99 -566.13

Chaozhou Three-Circle (Group) 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 - - - - -

Chaozhou Three-Circle (Group) 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.


Chaozhou Three-Circle (Group) Co  (SZSE:300408) 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.

Chaozhou Three-Circle (Group) 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
=1600.191/1563.615*91
=93.38

2. In Ben Graham's calculation of liquidation value, Chaozhou Three-Circle (Group) Co's accounts receivable are only considered to be worth 75% of book value:

Chaozhou Three-Circle (Group) 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)
=6851.914-3637.48+0.75 * 1600.191+0.5 * 1834.223
=5,332

* 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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Chaozhou Three-Circle (Group) Co (SZSE:300408) Business Description

Traded in Other Exchanges
N/A
Address
Sanhuan Industrial District, Fengtang, Chaozhou, Guangdong, CHN, 515646
Chaozhou Three-Circle (Group) Co Ltd is a China-based company engages in the field of electronic components and ceramics. Its products include fiber optic component, ceramic substrates, multilayer ceramic chip capacitor, resistors, ceramic rods, light-emitting diode ceramic package, surface mount device ceramic package, electronic-ceramic parts, mechanical structural ceramic parts, metalized ceramics, electric ceramics, fashion ceramics, ceramic blade, and aluminum nitride ceramic substrates.
Executives
Ge Yun Cheng Supervisors
Qiu Ji Hua Directors, executives
Wu Xiao Chun Securities Affairs Representative
Gu Qun Independent director
Xie Can Sheng Directors, executives
Zhang Wei Fa Executives
Ye Ying Qing Supervisors
Long Yu Kun Executives

Chaozhou Three-Circle (Group) Co (SZSE:300408) Headlines

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