Rongan Property Co (SZSE:000517) Change In Receivables : ¥0 Mil (TTM As of Sep. 2023)

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What is Rongan Property Co Change In Receivables?

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

Rongan Property Co's change in receivables for the fiscal year that ended in Dec. 2022 was ¥-292 Mil. It means Rongan Property Co's Accounts Receivable increased by ¥292 Mil from Dec. 2021 to Dec. 2022 .

Rongan Property Co's Accounts Receivable for the quarter that ended in Sep. 2023 was ¥240 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. Rongan Property Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 7.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rongan Property Co's liquidation value for the three months ended in Sep. 2023 was ¥-19,862 Mil.

Rongan Property Co Change In Receivables Historical Data

The historical data trend for Rongan Property 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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Rongan Property Co Change In Receivables Chart

Rongan Property Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-90.84

-725.16

1,049.35

52.47

-292.12

Rongan Property 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															-	-	-	-	-

Rongan Property 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.

Rongan Property Co (SZSE:000517) 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.

Rongan Property 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
=	240.131	/	2990.126	*	91
=	7.33

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

Rongan Property 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)
=	4698.701	-	47576.773	+	0.75 * 240.131	+	0.5 * 45671.218
=	-19,862

Rongan Property Co Change In Receivables Related Terms

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Rongan Property Co (SZSE:000517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rongan Property Co Ltd (SZSE:000517) » Definitions » Change In Receivables

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Address

No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010

Website

http://www.rongan.com.cn

Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.

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