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Hisense Visual Technology Co (SHSE:600060) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Hisense Visual Technology Co Change In Receivables?

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

Hisense Visual Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,578 Mil. It means Hisense Visual Technology Co's Accounts Receivable increased by ¥1,578 Mil from Dec. 2022 to Dec. 2023 .

Hisense Visual Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,845 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. Hisense Visual Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hisense Visual Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥2,953 Mil.


Hisense Visual Technology Co Change In Receivables Historical Data

The historical data trend for Hisense Visual Technology 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.

Hisense Visual Technology Co Change In Receivables Chart

Hisense Visual Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,086.84 -884.45 -2,014.56 -406.25 -1,578.32

Hisense Visual Technology 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 - - - - -

Hisense Visual Technology 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.


Hisense Visual Technology Co  (SHSE:600060) 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.

Hisense Visual Technology 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
=3845.093/12701.522*91
=27.62

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

Hisense Visual Technology 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)
=14628.591-17555.981+0.75 * 3845.093+0.5 * 5992.845
=2,953

* 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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Hisense Visual Technology Co (SHSE:600060) Business Description

Traded in Other Exchanges
N/A
Address
No.218, Qian Wangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
Executives
Li Jia senior management
Yu Zhi Tao Directors, senior managers
Liu Sha Sha senior management
Cheng Kai Xun Director
Wu Hai Yan senior management
Lin Lan Director
Dai Hui Zhong Director
Zhou Hou Jian Director
Xia Feng senior management
Liu Jiang Yan senior management
Tian Ye Director
Yu Shu Min Director
Liu Hong Xin Director
Mi Liang Yuan senior management
Liu Xin senior management

Hisense Visual Technology Co (SHSE:600060) Headlines

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