Kingold Jewelry (Kingold Jewelry) Change In Receivables : $1 Mil (TTM As of Sep. 2019)

View and export this data going back to 2000. Start your Free Trial

What is Kingold Jewelry Change In Receivables?

Kingold Jewelry's change in receivables for the quarter that ended in Sep. 2019 was $6 Mil. It means Kingold Jewelry's Accounts Receivable declined by $6 Mil from Jun. 2019 to Sep. 2019 .

Kingold Jewelry's change in receivables for the fiscal year that ended in Dec. 2018 was $78 Mil. It means Kingold Jewelry's Accounts Receivable declined by $78 Mil from Dec. 2017 to Dec. 2018 .

Kingold Jewelry's Accounts Receivable for the quarter that ended in Sep. 2019 was $1 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. Kingold Jewelry's Days Sales Outstanding for the three months ended in Sep. 2019 was 0.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kingold Jewelry's liquidation value for the three months ended in Sep. 2019 was $287 Mil.

Kingold Jewelry Change In Receivables Historical Data

The historical data trend for Kingold Jewelry'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.

Kingold Jewelry Change In Receivables Chart

Kingold Jewelry Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

Get a 7-Day Free Trial

1.99

-12.94

-269.13

-60.25

78.31

Kingold Jewelry Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Change In Receivables	Get a 7-Day Free Trial															7.85	-6.87	-11.23	12.49	6.29

Kingold Jewelry 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $1 Mil.

Kingold Jewelry (GREY:KGJI) 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.

Kingold Jewelry's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.654	/	382.79	*	91
=	0.16

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

Kingold Jewelry's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2519.049	-	2366.698	+	0.75 * 0.654	+	0.5 * 268.214
=	287

Kingold Jewelry Change In Receivables Related Terms

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

Kingold Jewelry (Kingold Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kingold Jewelry Inc (GREY:KGJI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023

Website

http://www.kingoldjewelry.com

Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.

Executives