Nancal Technology Co (SHSE:603859) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Nancal Technology Co Change In Receivables?

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

Nancal Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-316 Mil. It means Nancal Technology Co's Accounts Receivable increased by ¥316 Mil from Dec. 2022 to Dec. 2023 .

Nancal Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,337 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. Nancal Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 302.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nancal Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥581 Mil.

Nancal Technology Co Change In Receivables Historical Data

The historical data trend for Nancal 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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Nancal Technology Co Change In Receivables Chart

Nancal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-132.82

-124.06

-198.06

-346.02

-316.02

Nancal 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															-	-	-	-	-

Nancal 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.

Nancal Technology Co (SHSE:603859) 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.

Nancal 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
=	1337.023	/	403.961	*	91
=	302.02

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

Nancal 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)
=	423.437	-	928.854	+	0.75 * 1337.023	+	0.5 * 166.516
=	581

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Nancal Technology Co (SHSE:603859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nancal Technology Co Ltd (SHSE:603859) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Guba Road, Chengguan Street, Fangshan District, No 9, Beijing, CHN, 100193

Website

http://www.nancal.com

Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.

Executives

Yu Sheng Tao	Director
Sun Jun Jie	senior management
Zhao Lan	Directors, senior managers
Lan Li Peng	Director

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