Sichuan Joyou Digital Technologies Co (SZSE:301172) Change In Receivables : ¥-35.9 Mil (TTM As of Mar. 2024)

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What is Sichuan Joyou Digital Technologies Co Change In Receivables?

Sichuan Joyou Digital Technologies Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Sichuan Joyou Digital Technologies Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Sichuan Joyou Digital Technologies Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-71.3 Mil. It means Sichuan Joyou Digital Technologies Co's Accounts Receivable increased by ¥71.3 Mil from Dec. 2022 to Dec. 2023 .

Sichuan Joyou Digital Technologies Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥363.7 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. Sichuan Joyou Digital Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 602.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sichuan Joyou Digital Technologies Co's liquidation value for the three months ended in Mar. 2024 was ¥1,194.4 Mil.

Sichuan Joyou Digital Technologies Co Change In Receivables Historical Data

The historical data trend for Sichuan Joyou Digital Technologies 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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Sichuan Joyou Digital Technologies Co Change In Receivables Chart

Sichuan Joyou Digital Technologies Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-93.62

-28.40

-105.44

-50.76

-71.28

Sichuan Joyou Digital Technologies Co Quarterly Data
	Dec14	Dec16	Dec17	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-17.96	-35.95	-	-	-

Sichuan Joyou Digital Technologies 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 ¥-35.9 Mil.

Sichuan Joyou Digital Technologies Co (SZSE:301172) 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.

Sichuan Joyou Digital Technologies 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
=	363.657	/	55.079	*	91
=	602.47

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

Sichuan Joyou Digital Technologies 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)
=	1141.372	-	305.071	+	0.75 * 363.657	+	0.5 * 170.657
=	1,194.4

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Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

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Address

No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094

Website

http://www.joyoudigital.com

Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

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