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Sichuan Injet Electric Co (SZSE:300820) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Sichuan Injet Electric Co Change In Receivables?

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

Sichuan Injet Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-393 Mil. It means Sichuan Injet Electric Co's Accounts Receivable increased by ¥393 Mil from Dec. 2022 to Dec. 2023 .

Sichuan Injet Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥348 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. Sichuan Injet Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sichuan Injet Electric Co's liquidation value for the three months ended in Mar. 2024 was ¥205 Mil.


Sichuan Injet Electric Co Change In Receivables Historical Data

The historical data trend for Sichuan Injet Electric 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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Sichuan Injet Electric Co Change In Receivables Chart

Sichuan Injet Electric Co Annual Data
Trend Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.63 -90.07 -148.36 -119.37 -392.55

Sichuan Injet Electric 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 - - - - -

Sichuan Injet Electric 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.


Sichuan Injet Electric Co  (SZSE:300820) 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.

Sichuan Injet Electric 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
=348.121/374.529*91
=84.82

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

Sichuan Injet Electric 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)
=778.205-1748.507+0.75 * 348.121+0.5 * 1828.526
=205

* 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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Sichuan Injet Electric Co (SZSE:300820) Business Description

Traded in Other Exchanges
N/A
Address
No.686 West Jinshajiang Road, Sichuan Province, Deyang, CHN, 618000
Sichuan Injet Electric Co Ltd is engaged in production and sales of electronics, microelectronics and power electronics and other control equipments. The company's products include polysilicon CVD reactor power system, polysilicon ingot furnace power supply, single crystal furnace power supply, Sapphire furnace power supply, special power supply, power controller and system, active power filter and other power products and industrial power system solutions.
Executives
Wang Jun Director
Zhang Hai Tao Executives
Chen Jin Jie Executives
Liu Shao De Directors, executives
Zhang Yu Independent director

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