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Hangzhou Chang Chuan Technology Co (SZSE:300604) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Hangzhou Chang Chuan Technology Co Change In Receivables?

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

Hangzhou Chang Chuan Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-163 Mil. It means Hangzhou Chang Chuan Technology Co's Accounts Receivable increased by ¥163 Mil from Dec. 2022 to Dec. 2023 .

Hangzhou Chang Chuan Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,209 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 Chang Chuan Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 197.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangzhou Chang Chuan Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥265 Mil.


Hangzhou Chang Chuan Technology Co Change In Receivables Historical Data

The historical data trend for Hangzhou Chang Chuan 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.

* Premium members only.

Hangzhou Chang Chuan Technology Co Change In Receivables Chart

Hangzhou Chang Chuan 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 -69.25 -127.55 -352.39 -336.33 -162.62

Hangzhou Chang Chuan 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 - - - - -

Hangzhou Chang Chuan 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.


Hangzhou Chang Chuan Technology Co  (SZSE:300604) 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 Chang Chuan 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
=1209.078/559.387*91
=197.23

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

Hangzhou Chang Chuan 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)
=686.63-2408.236+0.75 * 1209.078+0.5 * 2158.953
=265

* 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 Chang Chuan Technology Co (SZSE:300604) Business Description

Traded in Other Exchanges
N/A
Address
No. 799 Jiangshu Road, Building No.3, 1st-2nd Floor and 3rd, 4th and 5th Floor A units, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Chang Chuan Technology Co Ltd is a China based company engaged in the research and development, production and sales of integrated circuit equipment. Its product portfolio comprises of two product lines, namely Automatic sorting system and Test systems, to carry out research and development work. The Test systems product line comprises of CTA8280, CTT3280, CTT3600, CTT1000, and CTT3320. The Automatic sorting system comprises C1 series, C2 series, C3Q series, C7100/400, and C8 series, among others.

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