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CCSC Technology International Holdings (CCSC Technology International Holdings) Change In Receivables : $2.77 Mil (TTM As of Sep. 2023)


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What is CCSC Technology International Holdings Change In Receivables?

CCSC Technology International Holdings's change in receivables for the quarter that ended in Sep. 2023 was $-0.05 Mil. It means CCSC Technology International Holdings's Accounts Receivable increased by $0.05 Mil from Mar. 2023 to Sep. 2023 .

CCSC Technology International Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was $1.07 Mil. It means CCSC Technology International Holdings's Accounts Receivable declined by $1.07 Mil from Mar. 2022 to Mar. 2023 .

CCSC Technology International Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $2.30 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. CCSC Technology International Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 55.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CCSC Technology International Holdings's liquidation value for the six months ended in Sep. 2023 was $4.21 Mil.

CCSC Technology International Holdings Change In Receivables Historical Data

The historical data trend for CCSC Technology International Holdings'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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CCSC Technology International Holdings Change In Receivables Chart

CCSC Technology International Holdings Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-0.38 0.24 1.07

CCSC Technology International Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial -1.92 2.15 -1.75 2.81 -0.05

CCSC Technology International Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.77 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.

CCSC Technology International Holdings  (NAS:CCTG) 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.

CCSC Technology International Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.295/7.504*91
=55.82

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

CCSC Technology International Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.371-5.812+0.75 * 2.295+0.5 * 1.854
=4.21

* 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.

CCSC Technology International Holdings Change In Receivables Related Terms

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CCSC Technology International Holdings (CCSC Technology International Holdings) Business Description

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CCSC Technology International Holdings Ltd is a company primarily involved in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses. They specialize in customized interconnect products, including connectors, cables and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.

CCSC Technology International Holdings (CCSC Technology International Holdings) Headlines

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