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IEIT Systems Co (SZSE:000977) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is IEIT Systems Co Change In Receivables?

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

IEIT Systems Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥929 Mil. It means IEIT Systems Co's Accounts Receivable declined by ¥929 Mil from Dec. 2022 to Dec. 2023 .

IEIT Systems Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥10,966 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. IEIT Systems Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IEIT Systems Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,783 Mil.


IEIT Systems Co Change In Receivables Historical Data

The historical data trend for IEIT Systems 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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IEIT Systems Co Change In Receivables Chart

IEIT Systems Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,214.95 710.53 -3,248.10 3,752.96 928.62

IEIT Systems 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 - - - - -

IEIT Systems 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.


IEIT Systems Co  (SZSE:000977) 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.

IEIT Systems 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
=10965.848/17606.575*91
=56.83

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

IEIT Systems 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)
=7195.568-31347.648+0.75 * 10965.848+0.5 * 24289.959
=-3,783

* 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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IEIT Systems Co (SZSE:000977) Business Description

Traded in Other Exchanges
N/A
Address
1036 Langchao Road, Shandong Province, Jinan, CHN, 250101
IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.
Executives
Huang Jia Ming Executives
Wu Long Directors, executives
Gong Wei Feng Executives
Chen Bin Supervisors
Pang Song Tao Director
Kong Liang Executives
Guo Ji Jun Executives
Hu Lei Jun Executives
Zhang Ai Cheng Executives

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