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Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangdong Create Century Intelligent Equipment Group Change In Receivables?

Guangdong Create Century Intelligent Equipment Group's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Guangdong Create Century Intelligent Equipment Group's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangdong Create Century Intelligent Equipment Group's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-849 Mil. It means Guangdong Create Century Intelligent Equipment Group's Accounts Receivable increased by ¥849 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Create Century Intelligent Equipment Group's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,725 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 Create Century Intelligent Equipment Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 183.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Create Century Intelligent Equipment Group's liquidation value for the three months ended in Mar. 2024 was ¥-1,262 Mil.


Guangdong Create Century Intelligent Equipment Group Change In Receivables Historical Data

The historical data trend for Guangdong Create Century Intelligent Equipment Group'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.

Guangdong Create Century Intelligent Equipment Group Change In Receivables Chart

Guangdong Create Century Intelligent Equipment Group 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 -731.23 -758.09 264.90 -835.46 -848.68

Guangdong Create Century Intelligent Equipment Group 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 Create Century Intelligent Equipment Group 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.


Guangdong Create Century Intelligent Equipment Group  (SZSE:300083) 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 Create Century Intelligent Equipment Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1724.516/856.354*91
=183.76

2. In Ben Graham's calculation of liquidation value, Guangdong Create Century Intelligent Equipment Group's accounts receivable are only considered to be worth 75% of book value:

Guangdong Create Century Intelligent Equipment Group'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)
=1154.592-4441.578+0.75 * 1724.516+0.5 * 1463.48
=-1,262

* 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 Create Century Intelligent Equipment Group (SZSE:300083) Business Description

Traded in Other Exchanges
N/A
Address
Weifeng Road, Jinsheng Intelligent Manufacturing Industrial Park, Administrative Office Building, Dongcheng District, Guangdong Province, Dongguan, CHN, 523007
Guangdong Create Century Intelligent Equipment Corp Ltd is engaged in research and development, production, sales and service of high-end intelligent equipment, with a complete range of CNC machine tools, including drilling and tapping machines, vertical machining centers, horizontal machining centers, gantry machining centers, CNC lathes, engraving and milling machines, and glass Series of precision processing equipment such as precision engraving machines, high-light machines, laser cutting machines. It is widely used in the processing of core components in the 5G industry chain, 3C consumer electronics, machinery manufacturing, medical equipment, new energy vehicles, auto parts, construction machinery and other fields.
Executives
Xia Jun Director
Wang Jian Director
Wang Qiong Supervisors
Zhou Qi Chao Directors, executives
Wang En Pei Supervisors
He Hai Jiang Director
Zhou Hong Min Directors, executives
Wang Jiu Quan Director
Fang Rong Shui Executives
Qian Cheng Executives
Yao Zhong Sheng Independent director

Guangdong Create Century Intelligent Equipment Group (SZSE:300083) Headlines

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