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Guangxi Liugong Machinery Co (SZSE:000528) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangxi Liugong Machinery Co Change In Receivables?

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

Guangxi Liugong Machinery Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,418 Mil. It means Guangxi Liugong Machinery Co's Accounts Receivable increased by ¥1,418 Mil from Dec. 2022 to Dec. 2023 .

Guangxi Liugong Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥10,034 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. Guangxi Liugong Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 115.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangxi Liugong Machinery Co's liquidation value for the three months ended in Mar. 2024 was ¥-7,787 Mil.


Guangxi Liugong Machinery Co Change In Receivables Historical Data

The historical data trend for Guangxi Liugong Machinery 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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Guangxi Liugong Machinery Co Change In Receivables Chart

Guangxi Liugong Machinery 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 -1,847.67 -1,129.21 -86.72 -1,959.02 -1,418.33

Guangxi Liugong Machinery 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 - - - - -

Guangxi Liugong Machinery 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.


Guangxi Liugong Machinery Co  (SZSE:000528) 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.

Guangxi Liugong Machinery 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
=10033.748/7938.822*91
=115.33

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

Guangxi Liugong Machinery 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)
=8862.963-28343.722+0.75 * 10033.748+0.5 * 8337.167
=-7,787

* 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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Guangxi Liugong Machinery Co (SZSE:000528) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Liutai Road, Liuzhou, Guangxi, CHN, 545007
Guangxi Liugong Machinery Co Ltd is a construction equipment manufacturer that offers services to construction equipment owners. The products of the company include forklift, wheel loader, crawler excavator, wheel excavator, roller, motor grader, bulldozer, crane, concrete, mining truck, and skid steer loader.
Executives
Yu Chuan Fen Executives
Wen Wu Directors, executives
Yuan Shi Guo Executives
Huang Hai Bo Director
Huang Xiang Quan Executives
Luo Guo Bing Executives
Huang Tie Zhu Executives
Ceng Guang An Directors, executives
Huang Hua Lin Secretary Dong
Zheng Yu Huang Independent director
Cai Deng Sheng Supervisors
Ding Yi Bin Director
Tan Yong Supervisors
Yu Ya Jun Executives
Huang Min Executives

Guangxi Liugong Machinery Co (SZSE:000528) Headlines

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