Harbin Electric Co (FRA:HP6H) Change In Receivables : €0 Mil (TTM As of Dec. 2023)

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What is Harbin Electric Co Change In Receivables?

Harbin Electric Co's change in receivables for the quarter that ended in Dec. 2023 was €0 Mil. It means Harbin Electric Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Harbin Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Harbin Electric Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Harbin Electric Co's Accounts Receivable for the quarter that ended in Dec. 2023 was €920 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. Harbin Electric Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 85.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harbin Electric Co's liquidation value for the six months ended in Dec. 2023 was €-2,886 Mil.

Harbin Electric Co Change In Receivables Historical Data

The historical data trend for Harbin Electric 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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Harbin Electric Co Change In Receivables Chart

Harbin Electric Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-373.33

27.74

Harbin Electric Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Harbin Electric 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0 Mil.

Harbin Electric Co (FRA:HP6H) 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.

Harbin Electric Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	919.7	/	1961.092	*	91
=	85.59

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

Harbin Electric Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3001.941	-	7283.031	+	0.75 * 919.7	+	0.5 * 1409.719
=	-2,886

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Harbin Electric Co (FRA:HP6H) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harbin Electric Co Ltd (FRA:HP6H) » Definitions » Change In Receivables

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01133:Hong Kong

Address

1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028

Website

https://www.hpec.com

Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

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