Jiangsu Zhongtian Technology Co (SHSE:600522) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Jiangsu Zhongtian Technology Co Change In Receivables?

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

Jiangsu Zhongtian Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,920 Mil. It means Jiangsu Zhongtian Technology Co's Accounts Receivable increased by ¥1,920 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu Zhongtian Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥14,010 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. Jiangsu Zhongtian Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 155.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangsu Zhongtian Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥7,254 Mil.

Jiangsu Zhongtian Technology Co Change In Receivables Historical Data

The historical data trend for Jiangsu Zhongtian Technology 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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Jiangsu Zhongtian Technology Co Change In Receivables Chart

Jiangsu Zhongtian Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2,092.13

-5,588.40

-743.75

-673.83

-1,919.79

Jiangsu Zhongtian Technology 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															-	-	-	-	-

Jiangsu Zhongtian Technology 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.

Jiangsu Zhongtian Technology Co (SHSE:600522) 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.

Jiangsu Zhongtian Technology 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
=	14009.672	/	8242.067	*	91
=	155.10

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

Jiangsu Zhongtian Technology 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)
=	12936.634	-	19369.627	+	0.75 * 14009.672	+	0.5 * 6358.727
=	7,254

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Jiangsu Zhongtian Technology Co (SHSE:600522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Zhongtian Technology Co Ltd (SHSE:600522) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Nantong Economic and Technology Development Zone, Jiangsu, Nantong, CHN, 226009

Website

http://www.chinaztt.com

Jiangsu Zhongtian Technology Co Ltd is a China-based company engaged in the manufacturing and distribution of fiber-optic-communication and power-transmission products. Its products include power cables, fittings, insulators, arresters; conductors, aluminum-clad steel wires, transformers, and power switch gears; optical fibers, optical fiber cables, coaxial cables, and antennas; and submarine composite and FO cables, submarine cable accessories, and ROV cables. The company also offers marine and offshore cables; lithium-ion batteries, solar cell backsheets, and photovoltaic technology products; alloy materials; an optical fiber and optical cable machines.

Executives

Xue Ru Gen	Supervisors
Jin Ying	Supervisors
Gao Hong Shi	senior management
Qu Zhi	senior management
Xie Shu Hong	senior management
You Wei Ren	Supervisors
Lu Wei	senior management
Ye Zhi Feng	senior management
Yang Dong Yun	senior management
Xue Ji Ping	Director

Jiangsu Zhongtian Technology Co (SHSE:600522) Headlines

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