GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Xiamen Comfort Science and Technology Group Co Ltd (SZSE:002614) » Definitions » Change In Receivables

Xiamen Comfort Science and Technology Group Co (SZSE:002614) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Xiamen Comfort Science and Technology Group Co Change In Receivables?

Xiamen Comfort Science and Technology Group Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Xiamen Comfort Science and Technology Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Xiamen Comfort Science and Technology Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥95 Mil. It means Xiamen Comfort Science and Technology Group Co's Accounts Receivable declined by ¥95 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Comfort Science and Technology Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥636 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. Xiamen Comfort Science and Technology Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xiamen Comfort Science and Technology Group Co's liquidation value for the three months ended in Mar. 2024 was ¥246 Mil.


Xiamen Comfort Science and Technology Group Co Change In Receivables Historical Data

The historical data trend for Xiamen Comfort Science and Technology Group 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.

* Premium members only.

Xiamen Comfort Science and Technology Group Co Change In Receivables Chart

Xiamen Comfort Science and Technology Group 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 -132.17 -226.91 -28.21 394.93 94.51

Xiamen Comfort Science and Technology Group 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 - - - - -

Xiamen Comfort Science and Technology Group 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.


Xiamen Comfort Science and Technology Group Co  (SZSE:002614) 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.

Xiamen Comfort Science and Technology Group 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
=635.648/1051.118*91
=55.18

2. In Ben Graham's calculation of liquidation value, Xiamen Comfort Science and Technology Group Co's accounts receivable are only considered to be worth 75% of book value:

Xiamen Comfort Science and Technology Group 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)
=2428.239-3122.723+0.75 * 635.648+0.5 * 927.899
=246

* 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.


Xiamen Comfort Science and Technology Group Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Xiamen Comfort Science and Technology Group Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Xiamen Comfort Science and Technology Group Co (SZSE:002614) Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Anling Second Road, Huli High-tech Park, Fujian Province, Xiamen, CHN, 361015
Xiamen Comfort Science and Technology Group Co Ltd is a China based company operating in the industries of health massage, health environment, home medical care, and others. The company is principally engaged in manufacturing massage healthcare product like massage chairs. It also offers products in the areas of healthy environment like humidifier, and health monitoring like weight analysis device. The company sells its products in China and other international countries. Some of the company's brands are Ogawa, Cozzia, Fuji, Fujimedic, and Medisana.
Executives
Wang Hong Wei Supervisors
Su Wei Biao Executives
Li Qiao Qiao Directors, executives
Tang Zhi Guo Director
Li Wu Ling Directors, executives
Zou Jian Han Directors, executives
Yi Wei Dong Supervisors
Ceng Jian Bao Director
Chen Shu Mei Executives
Cui Hong Hai Executives
Yang Yan Supervisors
Zhang Quan Directors, executives
Liu Yuan Li Independent director
Wei Gang Directors, executives
Gao Lan Zhou Supervisors

Xiamen Comfort Science and Technology Group Co (SZSE:002614) Headlines

No Headlines