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Hangzhou Huawang New Material Technology Co (SHSE:605377) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Hangzhou Huawang New Material Technology Co Change In Receivables?

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

Hangzhou Huawang New Material Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-382 Mil. It means Hangzhou Huawang New Material Technology Co's Accounts Receivable increased by ¥382 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Huawang New Material Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥704 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. Hangzhou Huawang New Material Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou Huawang New Material Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥1,084 Mil.


Hangzhou Huawang New Material Technology Co Change In Receivables Historical Data

The historical data trend for Hangzhou Huawang New Material 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.

* Premium members only.

Hangzhou Huawang New Material Technology Co Change In Receivables Chart

Hangzhou Huawang New Material Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -125.85 -82.87 -273.58 55.44 -382.42

Hangzhou Huawang New Material 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hangzhou Huawang New Material 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.

* 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.


Hangzhou Huawang New Material Technology Co  (SHSE:605377) 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.

Hangzhou Huawang New Material 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
=703.532/951.862*91
=67.44

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

Hangzhou Huawang New Material 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)
=1721.473-1621.364+0.75 * 703.532+0.5 * 911.887
=1,084

* 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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Hangzhou Huawang New Material Technology Co (SHSE:605377) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Binhe North Road, Qingshanhu Street, Lin'an District, Zhejiang Province, Hangzhou, CHN, 311305
Hangzhou Huawang New Material Technology Co Ltd is engaged in the production and sales of printable decorative base paper and plain decorative base paper, as well as wood pulp trading business.
Executives
Zhang Yan Cheng Director
Tou Jiang Hao Director
Tou Zheng Liang Director
Li Xiao Ping Director
Ge Li Fang Directors, senior managers
Wu Hai Biao Directors, senior managers
Chen Lei senior management
Huang Ya Fen senior management
Zheng Xiang Ling Supervisors
Wu Guan You Supervisors
Wang Shi Min Supervisors

Hangzhou Huawang New Material Technology Co (SHSE:605377) Headlines

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