Loncin Motor Co (SHSE:603766) Change In Receivables : ¥0 Mil (TTM As of Sep. 2023)

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

What is Loncin Motor Co Change In Receivables?

Loncin Motor Co's change in receivables for the quarter that ended in Sep. 2023 was ¥0 Mil. It means Loncin Motor Co's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Loncin Motor Co's change in receivables for the fiscal year that ended in Dec. 2022 was ¥284 Mil. It means Loncin Motor Co's Accounts Receivable declined by ¥284 Mil from Dec. 2021 to Dec. 2022 .

Loncin Motor Co's Accounts Receivable for the quarter that ended in Sep. 2023 was ¥1,305 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. Loncin Motor Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 35.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Loncin Motor Co's liquidation value for the three months ended in Sep. 2023 was ¥1,344 Mil.

Loncin Motor Co Change In Receivables Historical Data

The historical data trend for Loncin Motor 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.

* Premium members only.

Loncin Motor Co Change In Receivables Chart

Loncin Motor Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

-114.17

-351.35

-127.40

-82.19

284.03

Loncin Motor Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Loncin Motor 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Loncin Motor Co (SHSE:603766) 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.

Loncin Motor Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1305.361	/	3385.863	*	91
=	35.18

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

Loncin Motor Co's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5154.973	-	5157.236	+	0.75 * 1305.361	+	0.5 * 734.74
=	1,344

Loncin Motor Co Change In Receivables Related Terms

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

Loncin Motor Co (SHSE:603766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Loncin Motor Co Ltd (SHSE:603766) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.116 Juye Road, C Area of Jiulong Industrial Park, Jiulongpo District, Chongqing, CHN, 400052

Website

http://www.loncinindustries.com

Loncin Motor Co Ltd is a China-based company engaged in manufacturing recreational vehicles, light-duty power units, engines and engine parts, and farm machinery. It is also involved in the development and incubation of burgeoning businesses with core technology of internal combustion engine as the platform.

Loncin Motor Co (SHSE:603766) Headlines

No Headlines