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Suzhou Jinfu Technology Co (SZSE:300128) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Suzhou Jinfu Technology Co Change In Receivables?

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

Suzhou Jinfu Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-267 Mil. It means Suzhou Jinfu Technology Co's Accounts Receivable increased by ¥267 Mil from Dec. 2022 to Dec. 2023 .

Suzhou Jinfu Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥512 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. Suzhou Jinfu Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 120.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suzhou Jinfu Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,231 Mil.


Suzhou Jinfu Technology Co Change In Receivables Historical Data

The historical data trend for Suzhou Jinfu 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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Suzhou Jinfu Technology Co Change In Receivables Chart

Suzhou Jinfu 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 141.17 180.81 -39.31 -52.04 -267.00

Suzhou Jinfu 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 - - - - -

Suzhou Jinfu 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 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.


Suzhou Jinfu Technology Co  (SZSE:300128) 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.

Suzhou Jinfu 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
=511.944/386.981*91
=120.72

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

Suzhou Jinfu 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)
=544.558-2313.162+0.75 * 511.944+0.5 * 307.158
=-1,231

* 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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Suzhou Jinfu Technology Co (SZSE:300128) Business Description

Traded in Other Exchanges
N/A
Address
Suzhou Industrial Park, China Sheng Road No. 39, Suzhou, CHN, 215126
Suzhou Jinfu Technology Co Ltd is mainly engaged in electronic manufacturing, Internet of Things cloud storage and cloud computing services. The company's main products include backlight modules (BLUs), liquid crystal modules (LCMs), photoelectrical display thin film components, testing tools and automatic equipment, heat insulation and shock-absorbing products and precision die cutting equipment, among others.
Executives
Deng Hao Executives
Li Lei Executives
Wang Wen De Directors, executives
Huang Ya Fu Director
Deng Shi Qiang Executives
Yang Zheng Directors, executives
Fu Guo Ping Directors, Directors, and Executives
Ge Wei Dong Directors, executives
Weng Zhang Qing Executives
Yang Xiao Wei Director
Chen Yan Securities Affairs Representative
Shen Xiao Hua Supervisors

Suzhou Jinfu Technology Co (SZSE:300128) Headlines

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