Maanshan Iron And Steel Co (FRA:YM9A) Change In Receivables : €0 Mil (TTM As of Mar. 2024)

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What is Maanshan Iron And Steel Co Change In Receivables?

Maanshan Iron And Steel Co's change in receivables for the quarter that ended in Mar. 2024 was €0 Mil. It means Maanshan Iron And Steel Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Maanshan Iron And Steel Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-71 Mil. It means Maanshan Iron And Steel Co's Accounts Receivable increased by €71 Mil from Dec. 2022 to Dec. 2023 .

Maanshan Iron And Steel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €191 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. Maanshan Iron And Steel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maanshan Iron And Steel Co's liquidation value for the three months ended in Mar. 2024 was €-5,274 Mil.

Maanshan Iron And Steel Co Change In Receivables Historical Data

The historical data trend for Maanshan Iron And Steel 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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Maanshan Iron And Steel Co Change In Receivables Chart

Maanshan Iron And Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,006.57

550.12

127.65

-28.70

-71.29

Maanshan Iron And Steel 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															-	-	-	-	-

Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co (FRA:YM9A) 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.

Maanshan Iron And Steel 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
=	191.281	/	2605.055	*	91
=	6.70

2. In Ben Graham's calculation of liquidation value, Maanshan Iron And Steel Co's accounts receivable are only considered to be worth 75% of book value:

Maanshan Iron And Steel 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)
=	656.984	-	6818.001	+	0.75 * 191.281	+	0.5 * 1486.938
=	-5,274

Maanshan Iron And Steel Co Change In Receivables Related Terms

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Maanshan Iron And Steel Co (FRA:YM9A) Business Description

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Traded in Other Exchanges

MAANF:USA 00323:Hong Kong 600808:China

Address

No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003

Website

https://www.magang.com.hk

Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. It has two segments. Production and sale of iron and steel products and related by-products, and Financial service. The company's principal product is steel, which is categorized into steel plates, section steel, wire rods, and train wheels. Thin plate products are further categorized into hot and rolled plates, galvanized plates, and coil-coating plates. The products in the wire rod category comprise wire rod materials and hot-rolled reinforced steel used in armored concrete. The Train wheel category includes train wheels and wheel rims.

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