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Edifier Technology Co (SZSE:002351) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Edifier Technology Co Change In Receivables?

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

Edifier Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-11 Mil. It means Edifier Technology Co's Accounts Receivable increased by ¥11 Mil from Dec. 2022 to Dec. 2023 .

Edifier Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥209 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. Edifier Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Edifier Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥1,877 Mil.


Edifier Technology Co Change In Receivables Historical Data

The historical data trend for Edifier 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.

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Edifier Technology Co Change In Receivables Chart

Edifier Technology 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 -92.50 -55.53 -12.72 43.53 -10.50

Edifier 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 - - - - -

Edifier 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.


Edifier Technology Co  (SZSE:002351) 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.

Edifier 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
=209.071/679.057*91
=28.09

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

Edifier 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)
=2013.558-495.857+0.75 * 209.071+0.5 * 404.847
=1,877

* 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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Edifier Technology Co (SZSE:002351) Business Description

Traded in Other Exchanges
N/A
Address
No.9998 Shennan Road, Unit 9, 22nd Floor, Wanlida Technology Building, Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Edifier Technology Co Ltd, a Chinese company, is principally engaged in the research and development of audio technology and its product applications. The company's core business products are professional multimedia audio and home audio equipment. It offers headphones, bookshelf speakers, computer speakers, TV and Home theater, sound bar, and other products. It sells its products in China and other countries.
Executives
Xiao Min Directors, executives
Zhang Wen Dong Directors, executives
Zhang Wen Sheng Directors, executives
Wang Xiao Hong Director
Wang Hong Rong Executives
Wen Yu Executives
Deng Long Mu Executives
Wang Jiu Jun Supervisors
Fan Gang Juan Supervisors
Director
Kong Yu Quan Independent director
Xu Bin Director
Wang Jiu Kui Supervisors

Edifier Technology Co (SZSE:002351) Headlines

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