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Guangzhou Zhiguang Electric Co (SZSE:002169) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangzhou Zhiguang Electric Co Change In Receivables?

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

Guangzhou Zhiguang Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-859 Mil. It means Guangzhou Zhiguang Electric Co's Accounts Receivable increased by ¥859 Mil from Dec. 2022 to Dec. 2023 .

Guangzhou Zhiguang Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,298 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. Guangzhou Zhiguang Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 224.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangzhou Zhiguang Electric Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,918 Mil.


Guangzhou Zhiguang Electric Co Change In Receivables Historical Data

The historical data trend for Guangzhou Zhiguang Electric 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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Guangzhou Zhiguang Electric Co Change In Receivables Chart

Guangzhou Zhiguang Electric 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 69.55 550.37 -17.66 70.45 -859.01

Guangzhou Zhiguang Electric 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 - - - - -

Guangzhou Zhiguang Electric 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.


Guangzhou Zhiguang Electric Co  (SZSE:002169) 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.

Guangzhou Zhiguang Electric 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
=1297.961/526.847*91
=224.81

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

Guangzhou Zhiguang Electric 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)
=1023.62-5233.388+0.75 * 1297.961+0.5 * 636.077
=-2,918

* 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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Guangzhou Zhiguang Electric Co (SZSE:002169) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Wushan Road, Jinshan Building South Block, 3F, Tianhe District, Guangzhou, Guangdong, CHN, 510640
Guangzhou Zhiguang Electric Co Ltd is an integrated energy technology and service provider. It is engaged in the research, development, design, manufacture, and sale of electrical control equipment. Its products and services include motor control, power control, power transmission, energy utilization and energy conversion. In addition, the company also provides integrated energy services and related technology.
Executives
Jiang Xin Yu Executives
Lu Xiao Yang Supervisors
Rui Dong Yang Director
Han Wen Supervisors
Zheng Xiao Jun Director
Wang Sui Feng Executives
Li Yong Xi Director
Qiu Hua Supervisors
Liu Yong Supervisors
Yang Xu Executives
Wang Wei Hong Executives

Guangzhou Zhiguang Electric Co (SZSE:002169) Headlines

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