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Guangdong Tecsun Science & Technology Co (SZSE:002908) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Guangdong Tecsun Science & Technology Co Change In Receivables?

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

Guangdong Tecsun Science & Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥25.8 Mil. It means Guangdong Tecsun Science & Technology Co's Accounts Receivable declined by ¥25.8 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Tecsun Science & Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥579.1 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. Guangdong Tecsun Science & Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 348.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Tecsun Science & Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥555.8 Mil.


Guangdong Tecsun Science & Technology Co Change In Receivables Historical Data

The historical data trend for Guangdong Tecsun Science & 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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Guangdong Tecsun Science & Technology Co Change In Receivables Chart

Guangdong Tecsun Science & 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 -32.35 -79.43 -175.99 -65.79 25.79

Guangdong Tecsun Science & 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 - - - - -

Guangdong Tecsun Science & 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.

* 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.


Guangdong Tecsun Science & Technology Co  (SZSE:002908) 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.

Guangdong Tecsun Science & 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
=579.084/151.643*91
=348.46

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

Guangdong Tecsun Science & 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)
=361.548-282.798+0.75 * 579.084+0.5 * 85.381
=555.8

* 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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Guangdong Tecsun Science & Technology Co (SZSE:002908) Business Description

Traded in Other Exchanges
N/A
Address
15 Ruan Jian Lu, 2nd Floor, Room 201, Tianhe Qu, Guangdong Sheng, Guangzhou, CHN, 510663
Guangdong Tecsun Science & Technology Co Ltd is a China-based company engages in the production and sale of social security cards and related service. The company's main products include financial social security cards and service terminal products. The company provides its products and services for the human resources and social security departments, social security card users and third-party institutions.
Executives
Zhang Ying Supervisors
Gao Min Directors, executives
Gu Ke Directors, executives
Zhu Hui Dong Directors, executives
Xi Xiao Jian Supervisors
Ling Lin Executives
He Zhi Gang Executives
Liu Jun Feng Director
Li Zhu Director
Guo Xiao Bin Directors, executives

Guangdong Tecsun Science & Technology Co (SZSE:002908) Headlines

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