Tungray Technologies (Tungray Technologies) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Tungray Technologies Change In Receivables?

Tungray Technologies's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Tungray Technologies's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Tungray Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.64 Mil. It means Tungray Technologies's Accounts Receivable increased by $1.64 Mil from Dec. 2022 to Dec. 2023 .

Tungray Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $4.28 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tungray Technologies's liquidation value for the three months ended in Dec. 2023 was $4.51 Mil.

Tungray Technologies Change In Receivables Historical Data

The historical data trend for Tungray 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.

* Premium members only.

Tungray Technologies Change In Receivables Chart

Tungray Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

2.69

-1.28

1.09

-1.64

Tungray Technologies Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Tungray 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Tungray Technologies (NAS:TRSG) 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.

Tungray Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.28	/	0	*	91
=

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

Tungray Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.802	-	10.649	+	0.75 * 4.28	+	0.5 * 2.284
=	4.51

Tungray Technologies Change In Receivables Related Terms

Thank you for viewing the detailed overview of Tungray Technologies's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Tungray Technologies (Tungray Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tungray Technologies Inc (NAS:TRSG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Innovation Place Tower 4, No. 02-01, 31 Mandai Estate, Singapore, SGP, 729933

Website

https://www.tungray.tech

Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics and home appliance industries. It primarily generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment.

Tungray Technologies (Tungray Technologies) Headlines

From GuruFocus

Tungray Technologies Inc Announces Pricing of Initial Public Offering

By PRNewswire • 04-18-2024