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Ningbo Fujia Industrial Co (SHSE:603219) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Ningbo Fujia Industrial Co Change In Receivables?

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

Ningbo Fujia Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-313 Mil. It means Ningbo Fujia Industrial Co's Accounts Receivable increased by ¥313 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Fujia Industrial Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥488 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. Ningbo Fujia Industrial Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ningbo Fujia Industrial Co's liquidation value for the three months ended in Mar. 2024 was ¥502 Mil.


Ningbo Fujia Industrial Co Change In Receivables Historical Data

The historical data trend for Ningbo Fujia Industrial 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.

Ningbo Fujia Industrial Co Change In Receivables Chart

Ningbo Fujia Industrial Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 64.10 -247.70 -288.05 143.62 -313.28

Ningbo Fujia Industrial Co Quarterly Data
Dec17 Dec18 Dec19 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 - - - - -

Ningbo Fujia Industrial 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.


Ningbo Fujia Industrial Co  (SHSE:603219) 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.

Ningbo Fujia Industrial 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
=488.288/425.307*91
=104.76

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

Ningbo Fujia Industrial 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)
=891.055-954.875+0.75 * 488.288+0.5 * 399.138
=502

* 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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Ningbo Fujia Industrial Co (SHSE:603219) Business Description

Traded in Other Exchanges
N/A
Address
No. 303, Chang'an Road, Yangming Stree, Zhejiang Province, Yuyao, CHN, 315400
Ningbo Fujia Industrial Co Ltd is engaged in the research and development, design, production and sales of intelligent cleaning small household appliances such as vacuum cleaners, sweeping robots, and important components such as brushless motors.
Executives
Sun Ya Fang Supervisors
Chen Ang Liang senior management
Huang Jian Long Supervisors
Yu Shi Guo Director
Ying Ying senior management
Shen Xue Jun Supervisors
Luo Jun Bin Directors, senior managers
Tu Zi Qun Directors, senior managers

Ningbo Fujia Industrial Co (SHSE:603219) Headlines

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