NanJing GOVA Technology Co (SHSE:688539) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is NanJing GOVA Technology Co Change In Receivables?

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

NanJing GOVA Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-114.0 Mil. It means NanJing GOVA Technology Co's Accounts Receivable increased by ¥114.0 Mil from Dec. 2022 to Dec. 2023 .

NanJing GOVA Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥337.8 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. NanJing GOVA Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 410.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NanJing GOVA Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥1,306.9 Mil.

NanJing GOVA Technology Co Change In Receivables Historical Data

The historical data trend for NanJing GOVA 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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NanJing GOVA Technology Co Change In Receivables Chart

NanJing GOVA Technology Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.08

-37.61

-53.79

-48.80

-113.99

NanJing GOVA Technology Co Quarterly Data
	Dec13	Jun14	Dec14	Jun15	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

NanJing GOVA 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 ¥0.0 Mil.

NanJing GOVA Technology Co (SHSE:688539) 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.

NanJing GOVA 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
=	337.827	/	75.012	*	91
=	410.96

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

NanJing GOVA 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)
=	1128.713	-	152.72	+	0.75 * 337.827	+	0.5 * 155.01
=	1,306.9

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NanJing GOVA Technology Co (SHSE:688539) Business Description

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Address

No. 66, Qixia Avenue, Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 210046

Website

https://www.govagroup.com

NanJing GOVA Technology Co Ltd is a high-tech enterprise that develops, designs, produces and sells high-reliability sensors and sensor network systems. The main products are various pressure, acceleration, temperature and humidity, displacement and other sensors, and integrate the above sensors into a sensor network system through software algorithms.

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