Jiaxing ZMAX Optech Co (SHSE:688307) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Jiaxing ZMAX Optech Co Change In Receivables?

Jiaxing ZMAX Optech Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Jiaxing ZMAX Optech Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Jiaxing ZMAX Optech Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥26.3 Mil. It means Jiaxing ZMAX Optech Co's Accounts Receivable declined by ¥26.3 Mil from Dec. 2022 to Dec. 2023 .

Jiaxing ZMAX Optech Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥60.7 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. Jiaxing ZMAX Optech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiaxing ZMAX Optech Co's liquidation value for the three months ended in Mar. 2024 was ¥357.4 Mil.

Jiaxing ZMAX Optech Co Change In Receivables Historical Data

The historical data trend for Jiaxing ZMAX Optech 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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Jiaxing ZMAX Optech Co Change In Receivables Chart

Jiaxing ZMAX Optech Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-57.07

-56.25

-1.69

7.60

26.33

Jiaxing ZMAX Optech Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial								-	-	-	-	-

Jiaxing ZMAX Optech 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 ¥0.0 Mil.

Jiaxing ZMAX Optech Co (SHSE:688307) 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.

Jiaxing ZMAX Optech 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
=	60.719	/	79.484	*	91
=	69.71

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

Jiaxing ZMAX Optech 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)
=	428.338	-	162.656	+	0.75 * 60.719	+	0.5 * 92.317
=	357.4

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Jiaxing ZMAX Optech Co (SHSE:688307) Business Description

Industry

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Traded in Other Exchanges

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Address

No. 188 Taojing Road, Gaozhao Street, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314000

Website

http://www.zmax-opt.com

Jiaxing ZMAX Optech Co Ltd is a precision optical lens product and technology development service provider. It develop various 4K/8K ultra-high-definition optics for various fields such as smart IoT, smart driving, smart terminals, smart home, and machine vision.

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