Ganfeng Lithium Group Co (SZSE:002460) Change In Receivables : ¥0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Ganfeng Lithium Group Co Change In Receivables?

Ganfeng Lithium Group Co's change in receivables for the quarter that ended in Dec. 2023 was ¥0 Mil. It means Ganfeng Lithium Group Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Ganfeng Lithium Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥1,737 Mil. It means Ganfeng Lithium Group Co's Accounts Receivable declined by ¥1,737 Mil from Dec. 2022 to Dec. 2023 .

Ganfeng Lithium Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was ¥4,948 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. Ganfeng Lithium Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ganfeng Lithium Group Co's liquidation value for the three months ended in Dec. 2023 was ¥-21,967 Mil.

Ganfeng Lithium Group Co Change In Receivables Historical Data

The historical data trend for Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co Change In Receivables Chart

Ganfeng Lithium Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

318.34

-914.90

-1,739.40

-7,345.58

1,737.38

Ganfeng Lithium Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Ganfeng Lithium Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Ganfeng Lithium Group Co (SZSE:002460) 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.

Ganfeng Lithium Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4948.24	/	7289.719	*	91
=	61.94

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

Ganfeng Lithium Group Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9571.73	-	39382.038	+	0.75 * 4948.24	+	0.5 * 8263.955
=	-21,967

Ganfeng Lithium Group Co Change In Receivables Related Terms

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

Ganfeng Lithium Group Co (SZSE:002460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ganfeng Lithium Group Co Ltd (SZSE:002460) » Definitions » Change In Receivables

Traded in Other Exchanges

GNENY:USA GNENF:USA 01772:Hong Kong 39EA:Germany

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

http://www.ganfenglithium.com

Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (SZSE:002460) Headlines

No Headlines