Shanghai Zhonggu Logistics Co (SHSE:603565) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shanghai Zhonggu Logistics Co Change In Receivables?

Shanghai Zhonggu Logistics Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanghai Zhonggu Logistics Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Zhonggu Logistics Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-122 Mil. It means Shanghai Zhonggu Logistics Co's Accounts Receivable increased by ¥122 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Zhonggu Logistics Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥599 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. Shanghai Zhonggu Logistics Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Zhonggu Logistics Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,202 Mil.

Shanghai Zhonggu Logistics Co Change In Receivables Historical Data

The historical data trend for Shanghai Zhonggu Logistics 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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Shanghai Zhonggu Logistics Co Change In Receivables Chart

Shanghai Zhonggu Logistics Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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44.73

78.04

-88.87

-95.30

-122.38

Shanghai Zhonggu Logistics Co Quarterly Data
	Dec18	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															-	-	-	-	-

Shanghai Zhonggu Logistics 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.

Shanghai Zhonggu Logistics Co (SHSE:603565) 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.

Shanghai Zhonggu Logistics 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
=	599.184	/	2785.277	*	91
=	19.63

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

Shanghai Zhonggu Logistics 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)
=	10296.6	-	12992.957	+	0.75 * 599.184	+	0.5 * 89.473
=	-2,202

Shanghai Zhonggu Logistics Co Change In Receivables Related Terms

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Shanghai Zhonggu Logistics Co (SHSE:603565) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Zhonggu Logistics Co Ltd (SHSE:603565) » Definitions » Change In Receivables

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Address

No. 3261, Dongfang Road, 15th Floor, Block B, Building 1, Pudong New Area, Shanghai, CHN, 200125

Website

http://www.zhonggu56.com

Shanghai Zhonggu Logistics Co Ltd is engaged in providing customers with customized and cost-effective door-to-door full container logistics solutions. The company has SQ boxes, coal boxes, special boxes, freezer boxes and other types of boxes, and more than 10,000 types of transport products. In addition to water transportation, the company integrates railways, highways and other resources. It provides a full range of multimodal transportation services such as sea-land transportation, river-sea transportation, water-water transfer, sea-rail transportation and cold chain transportation services.

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