Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Hangzhou Huaxing Chuangye Communication Technology Co Change In Receivables?

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

Hangzhou Huaxing Chuangye Communication Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-11.4 Mil. It means Hangzhou Huaxing Chuangye Communication Technology Co's Accounts Receivable increased by ¥11.4 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Huaxing Chuangye Communication Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥434.3 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. Hangzhou Huaxing Chuangye Communication Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 249.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou Huaxing Chuangye Communication Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥147.5 Mil.

Hangzhou Huaxing Chuangye Communication Technology Co Change In Receivables Historical Data

The historical data trend for Hangzhou Huaxing Chuangye Communication 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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Hangzhou Huaxing Chuangye Communication Technology Co Change In Receivables Chart

Hangzhou Huaxing Chuangye Communication Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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213.02

26.91

39.13

123.54

-11.44

Hangzhou Huaxing Chuangye Communication 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															-	-	-	-	-

Hangzhou Huaxing Chuangye Communication 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.

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) 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.

Hangzhou Huaxing Chuangye Communication 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
=	434.312	/	159.062	*	91
=	249.15

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

Hangzhou Huaxing Chuangye Communication 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)
=	119.481	-	328.712	+	0.75 * 434.312	+	0.5 * 61.984
=	147.5

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Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Huaxing Chuangye Communication Technology Co Ltd (SZSE:300025) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 500, Jucai Road, Changhe Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310052

Website

http://www.hxcy.com.cn

Hangzhou Huaxing Chuangye Communication Technology Co Ltd is engaged in providing mobile communication technology services and internet data services. The service provided by the company include mobile communication networks, engineering construction, room division engineering, network foundation generation, and network evaluation and optimization.

Executives

Xia Jian Miao	Supervisors
Zhang Min	Executives
Shou Zou	Independent director
Bao Hang	Directors, Directors, and Executives
Cheng Xiao Yan	Director
Qu Zhen Sheng	Directors, executives
Chen Jin Guang	Directors, executives
Li Hua	Executives
Du Guang Ming	Supervisors
Huang Bo	Supervisors
Zhou You	Executives
Liu Han	Supervisors

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Headlines

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