M-Grass Ecology And Environment (Group) Co (SZSE:300355) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is M-Grass Ecology And Environment (Group) Co Change In Receivables?

M-Grass Ecology And Environment (Group) Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means M-Grass Ecology And Environment (Group) Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

M-Grass Ecology And Environment (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥783 Mil. It means M-Grass Ecology And Environment (Group) Co's Accounts Receivable declined by ¥783 Mil from Dec. 2022 to Dec. 2023 .

M-Grass Ecology And Environment (Group) Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,195 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. M-Grass Ecology And Environment (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,787.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. M-Grass Ecology And Environment (Group) Co's liquidation value for the three months ended in Mar. 2024 was ¥-5,769 Mil.

M-Grass Ecology And Environment (Group) Co Change In Receivables Historical Data

The historical data trend for M-Grass Ecology And Environment (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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M-Grass Ecology And Environment (Group) Co Change In Receivables Chart

M-Grass Ecology And Environment (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-273.80

-985.08

-1,570.05

-689.17

782.84

M-Grass Ecology And Environment (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															-	-	-	-	-

M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co (SZSE:300355) 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.

M-Grass Ecology And Environment (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
=	3195.387	/	163.122	*	91
=	1,787.49

2. In Ben Graham's calculation of liquidation value, M-Grass Ecology And Environment (Group) Co's accounts receivable are only considered to be worth 75% of book value:

M-Grass Ecology And Environment (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)
=	1163.567	-	9497.996	+	0.75 * 3195.387	+	0.5 * 338.272
=	-5,769

M-Grass Ecology And Environment (Group) Co Change In Receivables Related Terms

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M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN

Website

http://www.mengcao.com

M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.

Executives

Wang Zhao Ming	Director
Jiao Guo Shan	Director
Xu Yong Li	Director
Wang Yuan Yuan	Executives
Wang Jian Jun	Executives
Zhang Zhen Hua	Independent director
Li Jin Xia	Independent director
Xing Wen Rui	Directors, executives
Huang Fu Sheng	Executives
Guo Li Xia	Supervisors
Sun Xian Hong	Director
Zhao Yan	Director
Hao Yan Tao	Supervisors
Yang Yong Sheng	Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

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