Konfoong Materials International Co (SZSE:300666) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Konfoong Materials International Co Change In Receivables?

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

Konfoong Materials International Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-398 Mil. It means Konfoong Materials International Co's Accounts Receivable increased by ¥398 Mil from Dec. 2022 to Dec. 2023 .

Konfoong Materials International Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥797 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. Konfoong Materials International Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Konfoong Materials International Co's liquidation value for the three months ended in Mar. 2024 was ¥-318 Mil.

Konfoong Materials International Co Change In Receivables Historical Data

The historical data trend for Konfoong Materials International 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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Konfoong Materials International Co Change In Receivables Chart

Konfoong Materials International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-82.73

-86.87

-82.91

-115.16

-398.15

Konfoong Materials International 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															-	-	-	-	-

Konfoong Materials International 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.

Konfoong Materials International Co (SZSE:300666) 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.

Konfoong Materials International 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
=	797.15	/	772.389	*	91
=	94.18

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

Konfoong Materials International 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)
=	881.245	-	2377.119	+	0.75 * 797.15	+	0.5 * 1160.086
=	-318

Konfoong Materials International Co Change In Receivables Related Terms

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Konfoong Materials International Co (SZSE:300666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Konfoong Materials International Co Ltd (SZSE:300666) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 198 Anshan Road, Mingbang Science and Technology Industrial Park, Zhejiang, Yuyao, CHN, 315400

Website

http://www.kfmic.com

Konfoong Materials International Co Ltd develops and manufactures metal materials and sputtering targets for the semiconductor and integrated circuit industries. Its products include semiconductor targets, solar targets, LCD targets, and TF targets. Geographically the business activities are carried out through China, however, its products are sold Chinese and international market such as Europe, North America, and Asia.

Executives

Yao Li Jun	Directors, executives
Zhang Hui Yang	Director
Wang Xiao Yong	Supervisors
Shi Yu Hong	Securities Affairs Representative
Li Zhong Zhuo	Director
Dou Xing Xian	Executives

Konfoong Materials International Co (SZSE:300666) Headlines

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