China Merchants Bank Co (China Merchants Bank Co) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is China Merchants Bank Co Change In Receivables?

China Merchants Bank Co's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means China Merchants Bank Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

China Merchants Bank Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-78,170 Mil. It means China Merchants Bank Co's Accounts Receivable increased by $78,170 Mil from Dec. 2022 to Dec. 2023 .

China Merchants Bank Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $0 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. China Merchants Bank Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Merchants Bank Co's liquidation value for the three months ended in Dec. 2023 was $-1,242,146 Mil.

China Merchants Bank Co Change In Receivables Historical Data

The historical data trend for China Merchants Bank 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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China Merchants Bank Co Change In Receivables Chart

China Merchants Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-78,425.23

-112,512.65

-95,552.89

-82,960.83

-78,169.94

China Merchants Bank Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Merchants Bank 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

China Merchants Bank Co (OTCPK:CIHKY) 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.

China Merchants Bank Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	10695.499	*	91
=	0.00

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

China Merchants Bank Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	150357.973	-	1392503.571	+	0.75 * 0	+	0.5 * 0
=	-1,242,146

China Merchants Bank Co Change In Receivables Related Terms

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China Merchants Bank Co (China Merchants Bank Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Merchants Bank Co Ltd (OTCPK:CIHKY) » Definitions » Change In Receivables

Traded in Other Exchanges

CIHHF:USA 03968:Hong Kong M4B:Germany M4B:Germany 600036:China

Address

No. 7088, Shennan Boulevard, 19 Floor, China Merchants Bank Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

https://www.cmbchina.com

China Merchants Bank, with headquarters in Shenzhen, was founded in 1987. The bank is China's seventh-largest listed bank by assets, with the largest distribution network among China's joint-stock banks. CMB's network has been expanding rapidly. Its outlets are located mainly in China's more developed areas, including the Pearl River and Yangtze River deltas. The firm has 18% and 82% of its shares listed on the Hong Kong and Shanghai exchanges, respectively. It has no foreign strategic investors. China Merchants Group is its largest shareholder, with a 30% stake. Retail banking, corporate banking and wholesale banking accounted for 57%, 41%, and 2% of total profit before tax, respectively, and 56%, 41%, and 3% of total revenue in 2022.

China Merchants Bank Co (China Merchants Bank Co) Headlines

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