Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shandong Hualu-hengsheng Chemical Co Change In Receivables?

Shandong Hualu-hengsheng Chemical Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shandong Hualu-hengsheng Chemical Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shandong Hualu-hengsheng Chemical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥899 Mil. It means Shandong Hualu-hengsheng Chemical Co's Accounts Receivable declined by ¥899 Mil from Dec. 2022 to Dec. 2023 .

Shandong Hualu-hengsheng Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥121 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. Shandong Hualu-hengsheng Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Hualu-hengsheng Chemical Co's liquidation value for the three months ended in Mar. 2024 was ¥-10,280 Mil.

Shandong Hualu-hengsheng Chemical Co Change In Receivables Historical Data

The historical data trend for Shandong Hualu-hengsheng Chemical 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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Shandong Hualu-hengsheng Chemical Co Change In Receivables Chart

Shandong Hualu-hengsheng Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-164.89

-871.67

-3,796.51

482.32

898.77

Shandong Hualu-hengsheng Chemical Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Shandong Hualu-hengsheng Chemical 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 ¥0 Mil.

Shandong Hualu-hengsheng Chemical Co (SHSE:600426) 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.

Shandong Hualu-hengsheng Chemical 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
=	121.084	/	7978.041	*	91
=	1.38

2. In Ben Graham's calculation of liquidation value, Shandong Hualu-hengsheng Chemical Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Hualu-hengsheng Chemical 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)
=	2196.56	-	13347.183	+	0.75 * 121.084	+	0.5 * 1558.838
=	-10,280

Shandong Hualu-hengsheng Chemical Co Change In Receivables Related Terms

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Shandong Hualu-hengsheng Chemical Co (SHSE:600426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Hualu-hengsheng Chemical Co Ltd (SHSE:600426) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Number 24 Tianqu West Road, Decheng District, Shandong, Dezhou, CHN, 253024

Website

http://www.hl-hengsheng.com

Shandong Hualu-hengsheng Chemical Co Ltd manufactures and sells chemical materials and chemical fertilizers worldwide. The company offers chemical fertilizers, such as compound fertilizers, urea, ammonium bicarbonate, ammonium sulfate, and liquid fertilizers; DMF and organic amine products, including DMF, monomethylamine, dimethylamine, and trimethylamine; and acetic acid and acetic anhydride. It also provides new chemical materials comprising ethylene glycol, adipic acid, cyclohexanone, butyl alcohol, butanal, octyl alcohol, and melamine; basic chemicals that include nitric acid, methanol, liquid ammonia, and sulfur; and industrial gases, such as liquid oxygen, nitrogen, and argon.

Executives

Zhang Xin Sheng	senior management
Zhuang Guang Shan	Director
Chang Huai Chun	Director
Gao Jing Hong	Directors, senior managers
Pan De Sheng	senior management
Dong Yan	Director
Gao Wen Jun	senior management
Yu Fu Hong	senior management
Zhang Jie	senior management
Qi Shao Qing	senior management
Wang Yuan Ren	Director

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