EVKG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
EVKG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Ever-Glory International Group's change in receivables for the quarter that ended in Sep. 2022 was $-26.1 Mil. It means Ever-Glory International Group's Accounts Receivable increased by $26.1 Mil from Jun. 2022 to Sep. 2022 .
Ever-Glory International Group's change in receivables for the fiscal year that ended in Dec. 2021 was $-14.3 Mil. It means Ever-Glory International Group's Accounts Receivable increased by $14.3 Mil from Dec. 2020 to Dec. 2021 .
Ever-Glory International Group's Accounts Receivable for the quarter that ended in Sep. 2022 was $79.9 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. Ever-Glory International Group's Days Sales Outstanding for the three months ended in Sep. 2022 was 68.48.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ever-Glory International Group's liquidation value for the three months ended in Sep. 2022 was $-62.6 Mil.
The historical data trend for Ever-Glory International Group'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.
Ever-Glory International Group Annual Data | |||||||||||||||||||||
Trend | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -13.53 | -17.30 | 10.19 | 27.89 | -14.30 |
Ever-Glory International Group Quarterly Data | ||||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Change In Receivables | Get a 7-Day Free Trial | -25.24 | -1.84 | 13.85 | -8.98 | -26.10 |
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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.1 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.
Ever-Glory International Group (OTCPK:EVKG) 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.
Ever-Glory International Group's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 79.875 | / | 106.437 | * | 91 |
= | 68.48 |
2. In Ben Graham's calculation of liquidation value, Ever-Glory International Group's accounts receivable are only considered to be worth 75% of book value:
Ever-Glory International Group's liquidation value for the quarter that ended in Sep. 2022 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 34.366 | - | 181.352 | + | 0.75 * 79.875 | + | 0.5 * 49.038 |
= | -62.6 |
* 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.
Thank you for viewing the detailed overview of Ever-Glory International Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Jianhua Wang | director | C/O EVER-GLORY INTERNATIONAL GROUP, INC., 509 CHENGXIN ROAD, JIANGNING DEVELOPMENT, NANJING, JIANGSU PROVINCE F4 211102 |
Huake Kang | 10 percent owner | ROOM 102, NO. 16-1, WEI ALLEY, XUANWU DISTRICT, NANJING CITY F4 00000 |
Merry Tang | director | GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840 |
Gerald Goldberg | director | |
Tchaikovsky Bennet Price Jr | director | 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025 |
Zhixue Zhang | director | RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000 |
Changyu Qi | director | RUI JIN BEI CUN COMMUNITY, BAIXIA DISTRICT, NANJING F4 000000 |
Ever-glory Enterprises (h.k.) Ltd | 10 percent owner | NO. 22-503, MEI HUA SHAN ZHUANG, MU XU YUAN STREET, NANJING, JIANGSU PROVINCE F4 000000 |
Yihua Kang | director, 10 percent owner, officer: President, CEO & Secretary | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Jiajun Sun | director, officer: Chief Operating Officer | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Xiaodong Yan | director | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Ning Li | director | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Ruqin Wei | director | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Yan Guo | officer: Chief Financial Officer | EVER-GLORY COMM. CENTER, HUARUI BLDG., NO. 33 YUDAO ST., NANJING F4 210007 |
Lance Richard Larsen | officer: President | 75 SUNBANK WAY SE, ALBERTA, CALGARY AB A0 0000 |
From GuruFocus
By PRNewswire PRNewswire • 08-02-2021
By PRNewswire PRNewswire • 11-07-2018
By PRNewswire PRNewswire • 08-11-2021
By PRNewswire PRNewswire • 05-21-2022
By PRNewswire PRNewswire • 11-10-2020
By PRNewswire PRNewswire • 11-11-2021
By PRNewswire PRNewswire • 05-09-2020
By GF Value GF Value • 04-09-2021
By PRNewswire PRNewswire • 05-08-2021
By PRNewswire PRNewswire • 05-10-2019
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.