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Gaona Aero Material Co (SZSE:300034) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Gaona Aero Material Co Change In Receivables?

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

Gaona Aero Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-441 Mil. It means Gaona Aero Material Co's Accounts Receivable increased by ¥441 Mil from Dec. 2022 to Dec. 2023 .

Gaona Aero Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,547 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. Gaona Aero Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 176.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gaona Aero Material Co's liquidation value for the three months ended in Mar. 2024 was ¥-744 Mil.


Gaona Aero Material Co Change In Receivables Historical Data

The historical data trend for Gaona Aero Material 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.

Gaona Aero Material Co Change In Receivables Chart

Gaona Aero Material 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 -311.09 -82.50 -617.70 -173.64 -441.04

Gaona Aero Material 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 - - - - -

Gaona Aero Material 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.


Gaona Aero Material Co  (SZSE:300034) 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.

Gaona Aero Material 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
=1546.945/798.595*91
=176.76

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

Gaona Aero Material 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)
=547.229-3348.036+0.75 * 1546.945+0.5 * 1793.964
=-744

* 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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Gaona Aero Material Co (SZSE:300034) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Daliushu South Village, Haidian District, Beijing, Beijing, CHN, 100081
Gaona Aero Material Co Ltd is engaged in the research and development, production, and sales of high-temperature materials in aerospace materials. The products of the company include casting alloy products, deformed alloy products which include high-temperature alloy bar, superalloy pipe, powder alloy products which include powder superalloy forgings, and special alloy products which include oxide dispersion strengthening series, friction plate, and porous foam products.
Executives
Yang Jie Executives
Cai Xiao Bao Directors, executives
Zhou Qian Executives
Yin Fa Jie Executives
Zhang Ji Executives
Shao Chong Directors, executives
Ma Hong Jun Securities Affairs Representative
Zhao Ming Han Director
Xu Ruo Gang Supervisors
Ma Zhang Lin Executives
Xu Hong Gui Directors, executives, securities affairs represen
Wang Chen Director

Gaona Aero Material Co (SZSE:300034) Headlines

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