China United Insurance Service (China United Insurance Service) Change In Receivables : $-5.4 Mil (TTM As of Mar. 2023)

View and export this data going back to 2012. Start your Free Trial

What is China United Insurance Service Change In Receivables?

China United Insurance Service's change in receivables for the quarter that ended in Mar. 2023 was $5.4 Mil. It means China United Insurance Service's Accounts Receivable declined by $5.4 Mil from Dec. 2022 to Mar. 2023 .

China United Insurance Service's change in receivables for the fiscal year that ended in Dec. 2022 was $-3.5 Mil. It means China United Insurance Service's Accounts Receivable increased by $3.5 Mil from Dec. 2021 to Dec. 2022 .

China United Insurance Service's Accounts Receivable for the quarter that ended in Mar. 2023 was $20.7 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 United Insurance Service's Days Sales Outstanding for the three months ended in Mar. 2023 was 56.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China United Insurance Service's liquidation value for the three months ended in Mar. 2023 was $56.1 Mil.

China United Insurance Service Change In Receivables Historical Data

The historical data trend for China United Insurance Service'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.

* Premium members only.

China United Insurance Service Change In Receivables Chart

China United Insurance Service Annual Data

Trend

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

-2.42

-6.71

-1.25

-1.05

-3.50

China United Insurance Service Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial															7.31	-0.18	-3.52	-7.10	5.36

China United Insurance Service 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.4 Mil.

China United Insurance Service (OTCPK:CUII) 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 United Insurance Service's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.746	/	33.79	*	91
=	56.02

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

China United Insurance Service's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	99.146	-	58.561	+	0.75 * 20.746	+	0.5 * 0
=	56.1

China United Insurance Service Change In Receivables Related Terms

Thank you for viewing the detailed overview of China United Insurance Service's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

China United Insurance Service (China United Insurance Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China United Insurance Service Inc (OTCPK:CUII) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 10595

Website

https://www.cuis.asia

China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates most of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.

Executives

Chuwan Hau Li	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mei-kuan Yeh	officer: Chief Financial Officer	331 SECTION 3, NAN-KING EAST ROAD, 7TH FLOOR, TAIPEI F5 10595
Yung Chi Chuang	officer: Chief Financial Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lee Shu Fen	director, 10 percent owner	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mao Yi Hsiao	director, 10 percent owner, officer: Chief Executive Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsu Wen Yuan	officer: Chief Marketing Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsieh Tung Chi	officer: Chief Operating Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chen Kuie Chiao	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Li Fu Chang	director	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chiang Te Yun	officer: Chief Technology Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lo Chung Mei	officer: Former Chief Executive Officer	7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000

China United Insurance Service (China United Insurance Service) Headlines

No Headlines