CNGR Advanced Materials Co (SZSE:300919) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is CNGR Advanced Materials Co Change In Receivables?

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

CNGR Advanced Materials Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,482 Mil. It means CNGR Advanced Materials Co's Accounts Receivable increased by ¥1,482 Mil from Dec. 2022 to Dec. 2023 .

CNGR Advanced Materials Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥4,706 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. CNGR Advanced Materials Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CNGR Advanced Materials Co's liquidation value for the three months ended in Mar. 2024 was ¥-15,598 Mil.

CNGR Advanced Materials Co Change In Receivables Historical Data

The historical data trend for CNGR Advanced Materials 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.

CNGR Advanced Materials Co Change In Receivables Chart

CNGR Advanced Materials Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-798.11

-1,371.83

-6,750.50

-3,745.17

-1,481.65

CNGR Advanced Materials 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															-	-	-	-	-

CNGR Advanced Materials 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.

CNGR Advanced Materials Co (SZSE:300919) 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.

CNGR Advanced Materials 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
=	4705.706	/	9292.229	*	91
=	46.21

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

CNGR Advanced Materials 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)
=	12375.762	-	35238.564	+	0.75 * 4705.706	+	0.5 * 7470.5
=	-15,598

CNGR Advanced Materials Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of CNGR Advanced Materials Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

CNGR Advanced Materials Co (SZSE:300919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNGR Advanced Materials Co Ltd (SZSE:300919) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Base, No. 2 Trunk Road and No. 1 Trunk Road, Dalong Economic Development Zone, Guizhou Province, Tongren, CHN, 554001

Website

http://www.cngrgf.com.cn

CNGR Advanced Materials Co Ltd is engaged in the research and development, production, processing and sales of lithium battery cathode material precursors. The main products include ternary precursors and cobalt tetroxide, which are used to produce ternary cathode materials and lithium cobalt oxide cathode materials.

Executives

He Qi Zhong

Supervisors

CNGR Advanced Materials Co (SZSE:300919) Headlines

No Headlines