Flat Glass Group Co (HKSE:06865) Change In Receivables : HK$0 Mil (TTM As of Mar. 2024)

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What is Flat Glass Group Co Change In Receivables?

Flat Glass Group Co's change in receivables for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Flat Glass Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Flat Glass Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-4,121 Mil. It means Flat Glass Group Co's Accounts Receivable increased by HK$4,121 Mil from Dec. 2022 to Dec. 2023 .

Flat Glass Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was HK$4,508 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. Flat Glass Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flat Glass Group Co's liquidation value for the three months ended in Mar. 2024 was HK$-11,330 Mil.

Flat Glass Group Co Change In Receivables Historical Data

The historical data trend for Flat Glass Group 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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Flat Glass Group Co Change In Receivables Chart

Flat Glass Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,289.17

-1,812.60

-1,600.04

-5,288.44

-4,120.61

Flat Glass Group Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Flat Glass Group 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 HK$0 Mil.

Flat Glass Group Co (HKSE:06865) 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.

Flat Glass Group 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
=	4508.417	/	6219.98	*	91
=	66.14

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

Flat Glass Group 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)
=	6655.423	-	22196.881	+	0.75 * 4508.417	+	0.5 * 1659.371
=	-11,330

Flat Glass Group Co Change In Receivables Related Terms

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Flat Glass Group Co (HKSE:06865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Flat Glass Group Co Ltd (HKSE:06865) » Definitions » Change In Receivables

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Traded in Other Exchanges

FGSGF:USA 72T:Germany 601865:China

Address

1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN

Website

https://www.flatgroup.com.cn

Flat Glass Group Co Ltd manufactures and sells glass and glass products. The Company operates in six segments: Photovoltaic (PV) Glass, Household Glass, Architectural Glass, Float glass, Mining products, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are China, Asia (excluding the PRC and Japan), Europe, North America, and Others.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
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Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Fidelity Investment Trust	2101 Beneficial owner
Ubs Group Ag	2201 Interest of corporation controlled by you
Schroders Plc	2102 Investment manager
Bank Of America Corporation	2201 Interest of corporation controlled by you
Zhu Que Ji Jin Guan Li You Xian Gong Si	2401 A concert party to an agreement to buy shares
Schroders Plc	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
The Capital Group Companies, Inc.	2201 Interest of corporation controlled by you
Public Investment Fund	2101 Beneficial owner
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Pacific Asset Management Co., Ltd.	2102 Investment manager

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