Wuxi Paike New Materials Technology Co (SHSE:605123) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Wuxi Paike New Materials Technology Co Change In Receivables?

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

Wuxi Paike New Materials Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-744 Mil. It means Wuxi Paike New Materials Technology Co's Accounts Receivable increased by ¥744 Mil from Dec. 2022 to Dec. 2023 .

Wuxi Paike New Materials Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,395 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. Wuxi Paike New Materials Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 169.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wuxi Paike New Materials Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥806 Mil.

Wuxi Paike New Materials Technology Co Change In Receivables Historical Data

The historical data trend for Wuxi Paike New Materials 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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Wuxi Paike New Materials Technology Co Change In Receivables Chart

Wuxi Paike New Materials Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-220.51

-276.49

-611.80

-546.36

-744.03

Wuxi Paike New Materials 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															-	-	-	-	-

Wuxi Paike New Materials 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.

Wuxi Paike New Materials Technology Co (SHSE:605123) 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.

Wuxi Paike New Materials 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
=	1394.818	/	749.446	*	91
=	169.83

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

Wuxi Paike New Materials 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)
=	1704.826	-	2438.871	+	0.75 * 1394.818	+	0.5 * 988.548
=	806

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Wuxi Paike New Materials Technology Co (SHSE:605123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Paike New Materials Technology Co Ltd (SHSE:605123) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Lianhe Road, Hudai Industrial Resettlement Zone, North District, Binhu District, Jiangsu Province, Wuxi, CHN, 214161

Website

http://www.wuxipaike.com

Wuxi Paike New Materials Technology Co Ltd is engaged in production and sales of metal forgings. Its main products are ring forgings and various types of free forgings. The company's products are categorized as Chemical & Petroleum; Machinery; Valve; Power; Marine; and High End Products.

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