China Construction Bank (China Construction Bank) Change In Receivables : $-424,332 Mil (TTM As of Dec. 2023)

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What is China Construction Bank Change In Receivables?

China Construction Bank's change in receivables for the quarter that ended in Dec. 2023 was $-44,719 Mil. It means China Construction Bank's Accounts Receivable increased by $44,719 Mil from Sep. 2023 to Dec. 2023 .

China Construction Bank's change in receivables for the fiscal year that ended in Dec. 2023 was $-414,705 Mil. It means China Construction Bank's Accounts Receivable increased by $414,705 Mil from Dec. 2022 to Dec. 2023 .

China Construction Bank's Accounts Receivable for the quarter that ended in Dec. 2023 was $0 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. China Construction Bank's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Construction Bank's liquidation value for the three months ended in Dec. 2023 was $-4,370,154 Mil.

China Construction Bank Change In Receivables Historical Data

The historical data trend for China Construction Bank'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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China Construction Bank Change In Receivables Chart

China Construction Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-235,279.10

-340,882.51

-263,077.58

-450,980.39

-414,705.05

China Construction Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-34,229.82	-282,537.40	-99,698.52	2,623.08	-44,718.92

China Construction Bank 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 $-424,332 Mil.

China Construction Bank (OTCPK:CICHY) 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.

China Construction Bank's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	25349.85	*	91
=	0.00

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

China Construction Bank'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)
=	553062.239	-	4923216.717	+	0.75 * 0	+	0.5 * 0
=	-4,370,154

China Construction Bank Change In Receivables Related Terms

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China Construction Bank (China Construction Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Construction Bank Corp (OTCPK:CICHY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CICHF:USA 00939:Hong Kong C6T:Germany 601939:China

Address

No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033

Website

http://www.ccb.com

As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.