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China High-Speed Railway Technology Co (SZSE:000008) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is China High-Speed Railway Technology Co Change In Receivables?

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

China High-Speed Railway Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-429 Mil. It means China High-Speed Railway Technology Co's Accounts Receivable increased by ¥429 Mil from Dec. 2022 to Dec. 2023 .

China High-Speed Railway Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,210 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. China High-Speed Railway Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,118.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China High-Speed Railway Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-4,449 Mil.


China High-Speed Railway Technology Co Change In Receivables Historical Data

The historical data trend for China High-Speed Railway 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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China High-Speed Railway Technology Co Change In Receivables Chart

China High-Speed Railway 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 -921.43 802.14 285.55 246.68 -429.02

China High-Speed Railway 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 - - - - -

China High-Speed Railway 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.


China High-Speed Railway Technology Co  (SZSE:000008) 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.

China High-Speed Railway 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
=2209.858/180.32*91
=1,118.29

2. In Ben Graham's calculation of liquidation value, China High-Speed Railway Technology Co's accounts receivable are only considered to be worth 75% of book value:

China High-Speed Railway 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)
=525.357-7059.682+0.75 * 2209.858+0.5 * 855.952
=-4,449

* 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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China High-Speed Railway Technology Co (SZSE:000008) Business Description

Traded in Other Exchanges
N/A
Address
Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044
China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.
Executives
Wang Zhi Quan Directors, executives
Gao Hui Supervisors
Wang Li Qun Executives
Chen Wen He Securities Affairs Representative
Lai Wei Qiang Director
Xu Jin Independent director
Chen Han Lun Supervisors
Yang Jian Supervisors

China High-Speed Railway Technology Co (SZSE:000008) Headlines

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