Gotion High-tech Co (SZSE:002074) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Gotion High-tech Co Change In Receivables?

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

Gotion High-tech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-7,109 Mil. It means Gotion High-tech Co's Accounts Receivable increased by ¥7,109 Mil from Dec. 2022 to Dec. 2023 .

Gotion High-tech Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥15,875 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. Gotion High-tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 192.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gotion High-tech Co's liquidation value for the three months ended in Mar. 2024 was ¥-39,319 Mil.

Gotion High-tech Co Change In Receivables Historical Data

The historical data trend for Gotion High-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.

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Gotion High-tech Co Change In Receivables Chart

Gotion High-tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-394.57

-1,803.39

-2,370.96

-5,596.81

-7,109.07

Gotion High-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															-	-	-	-	-

Gotion High-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.

Gotion High-tech Co (SZSE:002074) 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.

Gotion High-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
=	15875.236	/	7507.914	*	91
=	192.95

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

Gotion High-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)
=	17940.17	-	71885.001	+	0.75 * 15875.236	+	0.5 * 5438.129
=	-39,319

Gotion High-tech Co Change In Receivables Related Terms

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Gotion High-tech Co (SZSE:002074) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 599 Daihe Road, Xinzhan District, Hefei, CHN, 230012

Website

http://www.gotion.com.cn

Established in 2006 in Hefei, Anhui province, Gotion High-tech, is one of the first enterprises engaged in research, production, and sales of rechargeable lithium-ion batteries for NEVs in China. Its main products include lithium iron phosphate materials and batteries, ternary batteries, battery packs, and energy storage batteries. The products are widely used in new energy passenger vehicles, commercial vehicles, energy storage power plants, communication base stations, and so on. Gotion ranked eighth among global EV battery companies with 3% market share in 2022 in terms of installed capacity, and fourth in China with 5% market share. The company is 25%-owned by Volkswagen Group with Chairman Li Zhen holding around 7%.

Executives

An Dong Liang	Executives
	Director
Wu Yong Gang	Executives
Hou Fei	Executives
Peng Ming	Supervisors
Huang Zhang Xi	Executives
	Director
Song Jin Bao	Executives
Yang Xu Lai	Director
Li Zhen	Directors, executives
Shen Qiang Sheng	Securities Affairs Representative
Fang Xin Yu	Executives
Ma Gui Fu	Directors, executives
Hu Jiang Lin	Directors, executives
Qiu Wei Dong	Directors, executives

Gotion High-tech Co (SZSE:002074) Headlines

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