Lingyi Itech (Guangdong) Co (SZSE:002600) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Lingyi Itech (Guangdong) Co Change In Receivables?

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

Lingyi Itech (Guangdong) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥176 Mil. It means Lingyi Itech (Guangdong) Co's Accounts Receivable declined by ¥176 Mil from Dec. 2022 to Dec. 2023 .

Lingyi Itech (Guangdong) Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥8,819 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. Lingyi Itech (Guangdong) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lingyi Itech (Guangdong) Co's liquidation value for the three months ended in Mar. 2024 was ¥-5,751 Mil.

Lingyi Itech (Guangdong) Co Change In Receivables Historical Data

The historical data trend for Lingyi Itech (Guangdong) 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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Lingyi Itech (Guangdong) Co Change In Receivables Chart

Lingyi Itech (Guangdong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-684.00

-1,532.73

-1,732.72

25.36

175.86

Lingyi Itech (Guangdong) 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															-	-	-	-	-

Lingyi Itech (Guangdong) 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.

Lingyi Itech (Guangdong) Co (SZSE:002600) 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.

Lingyi Itech (Guangdong) 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
=	8819.136	/	9799.269	*	91
=	82.12

2. In Ben Graham's calculation of liquidation value, Lingyi Itech (Guangdong) Co's accounts receivable are only considered to be worth 75% of book value:

Lingyi Itech (Guangdong) 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)
=	4219.404	-	19037.064	+	0.75 * 8819.136	+	0.5 * 4905.255
=	-5,751

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Lingyi Itech (Guangdong) Co (SZSE:002600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lingyi Itech (Guangdong) Co Ltd (SZSE:002600) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Longwan Road, GuangDong Province, Jiangmen, CHN, 529000

Website

http://www.lingyiitech.com

Lingyi Itech (Guangdong) Co Ltd is a Chinese company that manufactures magnetic materials, precision components and modules, precision structural parts, liquid crystal display modules, capacitive touch screens, wire and cable, motors, trade logistics, and supply chain finance. Its products are used in consumer electronics, automotive control, smart security, smart wear, smart home, new materials, new energy vehicles and other fields.

Executives

Liu Jian Feng	Supervisors
Fan Wei	Supervisors
Tan Jun	Director
Li Xue Hua	Supervisors
Li Xiao Qing	Executives
Cheng Xin	Independent director
Chen Guo Shi	Director
Cao Yun	Director
Liu Ji Wen	Supervisors
Li Zhong Xuan	Independent director
Wang Yan	Executives
Wang Nan Dong	Directors, executives
Zhou Zhan Feng	Directors, Directors, and Executives
Liu Gang	Directors, executives
Wu Jie	Directors, executives

Lingyi Itech (Guangdong) Co (SZSE:002600) Headlines

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