Huagong Tech Co (SZSE:000988) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Huagong Tech Co Change In Receivables?

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

Huagong Tech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-215 Mil. It means Huagong Tech Co's Accounts Receivable increased by ¥215 Mil from Dec. 2022 to Dec. 2023 .

Huagong Tech Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,665 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. Huagong Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 154.10.

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

Huagong Tech Co Change In Receivables Historical Data

The historical data trend for Huagong Tech 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.

Huagong Tech Co Change In Receivables Chart

Huagong Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-316.21

-338.95

-1,082.62

-1,304.44

-214.93

Huagong Tech 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															-	-	-	-	-

Huagong Tech 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.

Huagong Tech Co (SZSE:000988) 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.

Huagong Tech 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
=	3664.804	/	2170.165	*	91
=	154.10

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

Huagong Tech 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)
=	4323.141	-	8114.631	+	0.75 * 3664.804	+	0.5 * 2091.215
=	3

Huagong Tech Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Huagong Tech Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Huagong Tech Co (SZSE:000988) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Huagong Tech Co Ltd (SZSE:000988) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Huazhong University of Science and Technology University, Huagong Technology Headquarters Building, Wuhan East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430223

Website

http://www.hgtech.com.cn

Huagong Tech Co Ltd is a China-based company principally engaged in the business of laser equipment manufacturing, optical communications and laser holographic anti-counterfeiting of sensitive products and components. The company's products are widely used in machinery manufacturing, aerospace, automobile industry, and iron and steel metallurgy and other industries. In addition, the company also offers solutions such as energy industry laser processing solutions, aerospace applications solutions, 3C industry laser processing solutions, automotive industry application solutions, certification industry anti-counterfeiting solutions, intelligent manufacturing service platform and cloud computing centre.

Executives

Xiong Wen	Directors, executives
Zhang Qin	Executives
Liu Han Shu	Directors, Directors, and Executives
Ma Xin Qiang	Directors, executives
Chen Sen Hua	Supervisors
An Xin	Securities Affairs Representative
Min Da Yong	Directors, executives
Nie Bo	Executives
Yang Xiao	Executives
Yang Xing Guo	Executives
Deng Jia Ke	Executives
Cai Xue En	Independent director
Zhu Song Qing	Director
Lv Wei Ping	Independent director
Wang Xiao Bei	Supervisors

Huagong Tech Co (SZSE:000988) Headlines

No Headlines