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Primeton Information Technologies (SHSE:688118) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Primeton Information Technologies Change In Receivables?

Primeton Information Technologies's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Primeton Information Technologies's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Primeton Information Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-36.2 Mil. It means Primeton Information Technologies's Accounts Receivable increased by ¥36.2 Mil from Dec. 2022 to Dec. 2023 .

Primeton Information Technologies's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥176.8 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. Primeton Information Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 220.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Primeton Information Technologies's liquidation value for the three months ended in Sep. 2024 was ¥476.7 Mil.


Primeton Information Technologies Change In Receivables Historical Data

The historical data trend for Primeton Information Technologies'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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Primeton Information Technologies Change In Receivables Chart

Primeton Information Technologies 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 -57.67 -7.65 -0.32 20.21 -36.15

Primeton Information Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Primeton Information Technologies 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Primeton Information Technologies  (SHSE:688118) 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.

Primeton Information Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=176.785/73.312*91
=220.04

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

Primeton Information Technologies's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=439.333-126.261+0.75 * 176.785+0.5 * 62.136
=476.7

* 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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Primeton Information Technologies Business Description

Traded in Other Exchanges
N/A
Address
Bibo Road, 4th Floor, 456 Pilot Free Trade Zone, Shanghai, CHN
Primeton Information Technologies Inc is a software infrastructure platform product and solution provider for enterprises and institutions in the financial, telecommunications, government and other industries. The company's software infrastructure platform products and technical services cover three technical fields, cloud application platform software, big data central Taiwan software and SOA integration platform software.
Executives
Liu Ya Dong Director
Qian Jun Core technical personnel
Jiao Lie Yan Senior management, core technical personnel
Wang Ke Qiang Core technical personnel
Wang Cong Quan Core technical personnel

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