Beijing Tianyishangjia New Material (SHSE:688033) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Beijing Tianyishangjia New Material Change In Receivables?

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

Beijing Tianyishangjia New Material's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-637 Mil. It means Beijing Tianyishangjia New Material's Accounts Receivable increased by ¥637 Mil from Dec. 2022 to Dec. 2023 .

Beijing Tianyishangjia New Material's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,239 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. Beijing Tianyishangjia New Material's Days Sales Outstanding for the three months ended in Mar. 2024 was 325.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Beijing Tianyishangjia New Material's liquidation value for the three months ended in Mar. 2024 was ¥-1,085 Mil.

Beijing Tianyishangjia New Material Change In Receivables Historical Data

The historical data trend for Beijing Tianyishangjia New Material'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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Beijing Tianyishangjia New Material Change In Receivables Chart

Beijing Tianyishangjia New Material Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-147.26

45.11

-256.54

-598.20

-636.75

Beijing Tianyishangjia New Material 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															-	-	-	-	-

Beijing Tianyishangjia New Material 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.

Beijing Tianyishangjia New Material (SHSE:688033) 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.

Beijing Tianyishangjia New Material's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1239.343	/	347.417	*	91
=	325.52

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

Beijing Tianyishangjia New Material'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)
=	1041.866	-	3542.33	+	0.75 * 1239.343	+	0.5 * 971.192
=	-1,085

Beijing Tianyishangjia New Material Change In Receivables Related Terms

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Beijing Tianyishangjia New Material (SHSE:688033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Tianyishangjia New Material Corp Ltd (SHSE:688033) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 meters north of South Railway Road, Xixinli Village, Shangzhuang Town, Haidian District, Beijing, CHN, 100094

Website

http://www.bjtysj.com

Beijing Tianyishangjia New Material Corp Ltd Is engaged in the research and development, production and sales of powder metallurgy brakes and locomotives, urban rail brakes and brake shoes for high-speed trains.

Executives

Long Bo	Core technical personnel
Hu Chen	Core technical personnel
Wu Peng	Directors, senior managers
Yang Kai Lin	Directors, senior managers
Cheng Jing Lin	Core technical personnel
Wu Pei Fang	Director, core technical staff
Xia Fei	senior management
Liu Shuai	senior management
Cao Jing Wu	Senior management, core technical personnel
Shi Jia Cai Rang	Directors, senior managers, core technical personn
Hou Yu Bo	senior management

Beijing Tianyishangjia New Material (SHSE:688033) Headlines

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