Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Change In Receivables : ¥-22.9 Mil (TTM As of Mar. 2024)

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What is Hunan Aerospace Huanyu Communication Technology Co Change In Receivables?

Hunan Aerospace Huanyu Communication Technology Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Hunan Aerospace Huanyu Communication Technology Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Hunan Aerospace Huanyu Communication Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-162.3 Mil. It means Hunan Aerospace Huanyu Communication Technology Co's Accounts Receivable increased by ¥162.3 Mil from Dec. 2022 to Dec. 2023 .

Hunan Aerospace Huanyu Communication Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥328.7 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. Hunan Aerospace Huanyu Communication Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 687.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hunan Aerospace Huanyu Communication Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥496.2 Mil.

Hunan Aerospace Huanyu Communication Technology Co Change In Receivables Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication 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.

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Hunan Aerospace Huanyu Communication Technology Co Change In Receivables Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-5.29

-29.81

-62.88

-99.43

-162.34

Hunan Aerospace Huanyu Communication Technology 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								-9.02	-22.91	-	-	-

Hunan Aerospace Huanyu Communication 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 ¥-22.9 Mil.

Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) 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.

Hunan Aerospace Huanyu Communication 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
=	328.656	/	43.606	*	91
=	687.75

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

Hunan Aerospace Huanyu Communication 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)
=	728.78	-	555.124	+	0.75 * 328.656	+	0.5 * 152.051
=	496.2

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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hunan Aerospace Huanyu Communication Technology Co Ltd (SHSE:688523) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205

Website

http://www.hthykj.com

Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

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