Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Kingland Pipeline and Technologies Co Change In Receivables?

Zhejiang Kingland Pipeline and Technologies Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Zhejiang Kingland Pipeline and Technologies Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Kingland Pipeline and Technologies Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥121 Mil. It means Zhejiang Kingland Pipeline and Technologies Co's Accounts Receivable declined by ¥121 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Kingland Pipeline and Technologies Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥859 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. Zhejiang Kingland Pipeline and Technologies Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Kingland Pipeline and Technologies Co's liquidation value for the three months ended in Mar. 2024 was ¥1,196 Mil.

Zhejiang Kingland Pipeline and Technologies Co Change In Receivables Historical Data

The historical data trend for Zhejiang Kingland Pipeline and Technologies 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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Zhejiang Kingland Pipeline and Technologies Co Change In Receivables Chart

Zhejiang Kingland Pipeline and Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-177.25

-383.38

-36.69

-86.99

120.64

Zhejiang Kingland Pipeline and Technologies 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															-	-	-	-	-

Zhejiang Kingland Pipeline and Technologies 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.

Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) 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.

Zhejiang Kingland Pipeline and Technologies 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
=	858.839	/	1036.943	*	91
=	75.58

2. In Ben Graham's calculation of liquidation value, Zhejiang Kingland Pipeline and Technologies Co's accounts receivable are only considered to be worth 75% of book value:

Zhejiang Kingland Pipeline and Technologies 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)
=	975.892	-	968.485	+	0.75 * 858.839	+	0.5 * 1089.607
=	1,196

Zhejiang Kingland Pipeline and Technologies Co Change In Receivables Related Terms

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Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhejiang Kingland Pipeline and Technologies Co Ltd (SZSE:002443) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 18, Taolin Road, Room 703, Block A, Huanqiu Guangchang, Pudong, Shanghai, CHN, 200135

Website

http://www.chinakingland.com

Zhejiang Kingland Pipeline and Technologies Co Ltd is engaged in manufacturing and sales of welded steel pipe products. Its products include SAWL Pipe, HFW Pipe, SAWH Pipe, FBE/2PE/3PE Coated Pipe, and Hot-dip galvanized pipe/Black Pipe.

Executives

Shen Bai Fang	Executives
Shen Gan Rong	Directors, executives
Gu Su Min	Director
Shen Yong Quan	Executives
Dong Guo Hua	Supervisors
Qian Li Xiong	Executives
Xu Shui Rong	Director
Yu Jin Fang	Director
Zhou Xin Hua	Director
Yang Wei Fang	Executives
Wu Wei Ping	Directors, executives
Yu Min Hong	Directors, executives

Zhejiang Kingland Pipeline and Technologies Co (SZSE:002443) Headlines

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