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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Changjiang & Jinggong Steel Building (Group) Co Change In Receivables?

Changjiang & Jinggong Steel Building (Group) Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Changjiang & Jinggong Steel Building (Group) Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Changjiang & Jinggong Steel Building (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-901 Mil. It means Changjiang & Jinggong Steel Building (Group) Co's Accounts Receivable increased by ¥901 Mil from Dec. 2022 to Dec. 2023 .

Changjiang & Jinggong Steel Building (Group) Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,619 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. Changjiang & Jinggong Steel Building (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Changjiang & Jinggong Steel Building (Group) Co's liquidation value for the three months ended in Mar. 2024 was ¥-6,617 Mil.


Changjiang & Jinggong Steel Building (Group) Co Change In Receivables Historical Data

The historical data trend for Changjiang & Jinggong Steel Building (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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Changjiang & Jinggong Steel Building (Group) Co Change In Receivables Chart

Changjiang & Jinggong Steel Building (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -407.65 -568.29 -1,063.03 -1,241.03 -901.49

Changjiang & Jinggong Steel Building (Group) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Changjiang & Jinggong Steel Building (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 ¥0 Mil.

* 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.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.

Changjiang & Jinggong Steel Building (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
=2618.794/3414.176*91
=69.99

2. In Ben Graham's calculation of liquidation value, Changjiang & Jinggong Steel Building (Group) Co's accounts receivable are only considered to be worth 75% of book value:

Changjiang & Jinggong Steel Building (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)
=4879.205-14328.001+0.75 * 2618.794+0.5 * 1735.774
=-6,617

* 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.


Changjiang & Jinggong Steel Building (Group) Co Change In Receivables Related Terms

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Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Business Description

Traded in Other Exchanges
N/A
Address
Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
Executives
Fang Chao Yang Director
Zhang Xiao Ying senior management
Shen Yue Hua senior management
Qiu Jian Hua senior management
Chen Shui Fu senior management
Chen Guo Dong senior management
Sun Guan Fu Director
Yan Hong Director
Qian Wei Jun Director
Lou Bao Liang senior management

Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Headlines

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