Brilliance Technology Co (SZSE:300542) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Brilliance Technology Co Change In Receivables?

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

Brilliance Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-108 Mil. It means Brilliance Technology Co's Accounts Receivable increased by ¥108 Mil from Dec. 2022 to Dec. 2023 .

Brilliance Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥555 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. Brilliance Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 264.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Brilliance Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-9 Mil.

Brilliance Technology Co Change In Receivables Historical Data

The historical data trend for Brilliance 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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Brilliance Technology Co Change In Receivables Chart

Brilliance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.03

-7.11

-18.17

-190.85

-107.70

Brilliance 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															-	-	-	-	-

Brilliance 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.

Brilliance Technology Co (SZSE:300542) 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.

Brilliance 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
=	554.598	/	191.344	*	91
=	264.48

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

Brilliance 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)
=	229.598	-	766.433	+	0.75 * 554.598	+	0.5 * 222.874
=	-9

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Brilliance Technology Co (SZSE:300542) Business Description

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Address

Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097

Website

http://www.brilliance.com.cn

Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.

Executives

Kang Lu	Director
Yu Ke Jian	Directors, executives
Tang Ruo Mei	Supervisors
Zhang Yan Sheng	Directors, executives
Yang Han Jie	Director
Zhang Da Xin	Directors, executives
Li Fu Hua	Director
Ding Fei	Securities Affairs Representative

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