Harden Technologies (Harden Technologies) Change In Receivables : $1.90 Mil (TTM As of Jun. 2023)

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What is Harden Technologies Change In Receivables?

Harden Technologies's change in receivables for the quarter that ended in Jun. 2023 was $-1.08 Mil. It means Harden Technologies's Accounts Receivable increased by $1.08 Mil from Dec. 2022 to Jun. 2023 .

Harden Technologies's change in receivables for the fiscal year that ended in Dec. 2022 was $-1.11 Mil. It means Harden Technologies's Accounts Receivable increased by $1.11 Mil from Dec. 2021 to Dec. 2022 .

Harden Technologies's Accounts Receivable for the quarter that ended in Jun. 2023 was $7.70 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. Harden Technologies's Days Sales Outstanding for the six months ended in Jun. 2023 was 104.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Harden Technologies's liquidation value for the six months ended in Jun. 2023 was $-0.38 Mil.

Harden Technologies Change In Receivables Historical Data

The historical data trend for Harden Technologies'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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Harden Technologies Change In Receivables Chart

Harden Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

-0.97

-2.93

-1.11

Harden Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial			-3.28	0.34	-4.10	2.98	-1.08

Harden Technologies 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.90 Mil.

Harden Technologies (BATS:HAHA) 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.

Harden Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.7	/	13.503	*	91
=	104.07

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

Harden Technologies's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.065	-	13.804	+	0.75 * 7.7	+	0.5 * 7.171
=	-0.38

Harden Technologies Change In Receivables Related Terms

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Harden Technologies (Harden Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harden Technologies Inc (BATS:HAHA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400

Website

https://www.siruide.com

Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

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