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Tongding Interconnection Information Co (SZSE:002491) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Tongding Interconnection Information Co Change In Receivables?

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

Tongding Interconnection Information Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-389 Mil. It means Tongding Interconnection Information Co's Accounts Receivable increased by ¥389 Mil from Dec. 2022 to Dec. 2023 .

Tongding Interconnection Information Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,222 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. Tongding Interconnection Information Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 143.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tongding Interconnection Information Co's liquidation value for the three months ended in Mar. 2024 was ¥-582 Mil.


Tongding Interconnection Information Co Change In Receivables Historical Data

The historical data trend for Tongding Interconnection Information 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.

Tongding Interconnection Information Co Change In Receivables Chart

Tongding Interconnection Information 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 270.71 -348.86 -83.04 -971.95 -388.78

Tongding Interconnection Information 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 - - - - -

Tongding Interconnection Information 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.


Tongding Interconnection Information Co  (SZSE:002491) 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.

Tongding Interconnection Information 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
=1222.413/779.011*91
=143.19

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

Tongding Interconnection Information 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)
=1387.421-3251.832+0.75 * 1222.413+0.5 * 730.602
=-582

* 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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Tongding Interconnection Information Co (SZSE:002491) Business Description

Traded in Other Exchanges
N/A
Address
No.18, Xiaoping Road, Badu Industrial Zone, Zhenze, Wujiang, Jiangsu, CHN, 215233
Tongding Interconnection Information Co Ltd is a China-based fiber optic cable manufacturing company. It specializes in the production of optical fiber, optical fiber cable, optical devices, optical fiber sensors, special optical cables and other products. In addition, the company also provides data center solution, cloud data center cable solution, rail transit cable solution, and wireless signal distribution system.
Executives
Yan Yong Qing Directors, executives
Liu Dong Yang Director
Cai Wen Jie Executives
Chen Hai Bin Director
Huang Jian Director
Qian Hui Fang Director
Peng Sheng Qian Executives
Zhang Yue Fang Directors, executives
Jiang Xiao Qiang Executives
Li Jun Executives
Shen Feng Director
Li Long Qin Director
Chen Bin Supervisors
He Zhong Liang Directors, Directors, and Executives
Liu Yan Hui Executives

Tongding Interconnection Information Co (SZSE:002491) Headlines

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