Precision Tsugami (China) (HKSE:01651) Change In Receivables : HK$464 Mil (TTM As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Precision Tsugami (China) Change In Receivables?

Precision Tsugami (China)'s change in receivables for the quarter that ended in Sep. 2023 was HK$87 Mil. It means Precision Tsugami (China)'s Accounts Receivable declined by HK$87 Mil from Mar. 2023 to Sep. 2023 .

Precision Tsugami (China)'s change in receivables for the fiscal year that ended in Mar. 2023 was HK$453 Mil. It means Precision Tsugami (China)'s Accounts Receivable declined by HK$453 Mil from Mar. 2022 to Mar. 2023 .

Precision Tsugami (China)'s Accounts Receivable for the quarter that ended in Sep. 2023 was HK$139 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. Precision Tsugami (China)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 15.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precision Tsugami (China)'s liquidation value for the six months ended in Sep. 2023 was HK$899 Mil.

Precision Tsugami (China) Change In Receivables Historical Data

The historical data trend for Precision Tsugami (China)'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.

Precision Tsugami (China) Change In Receivables Chart

Precision Tsugami (China) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

133.45

68.28

-666.93

-278.11

452.82

Precision Tsugami (China) Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial												-360.41	90.63	74.30	377.14	87.01

Precision Tsugami (China) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$464 Mil.

Precision Tsugami (China) (HKSE:01651) 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.

Precision Tsugami (China)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	139.491	/	1603.037	*	91
=	15.88

2. In Ben Graham's calculation of liquidation value, Precision Tsugami (China)'s accounts receivable are only considered to be worth 75% of book value:

Precision Tsugami (China)'s liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1149.87	-	829.846	+	0.75 * 139.491	+	0.5 * 947.764
=	899

Precision Tsugami (China) Change In Receivables Related Terms

Thank you for viewing the detailed overview of Precision Tsugami (China)'s Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Precision Tsugami (China) (HKSE:01651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200

Website

https://www.tsugami.com.cn

Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Tsugami Corporation	2101 Beneficial owner

Precision Tsugami (China) (HKSE:01651) Headlines

No Headlines