Weidai (Weidai) Change In Receivables : $0.0 Mil (TTM As of Dec. 2021)

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What is Weidai Change In Receivables?

Weidai's change in receivables for the quarter that ended in Dec. 2021 was $0.0 Mil. It means Weidai's Accounts Receivable stayed the same from Jun. 2021 to Dec. 2021 .

Weidai's change in receivables for the fiscal year that ended in Dec. 2021 was $-2.7 Mil. It means Weidai's Accounts Receivable increased by $2.7 Mil from Dec. 2020 to Dec. 2021 .

Weidai's Accounts Receivable for the quarter that ended in Dec. 2021 was $0.0 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. Weidai's Days Sales Outstanding for the six months ended in Dec. 2021 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Weidai's liquidation value for the six months ended in Dec. 2021 was $-58.3 Mil.

Weidai Change In Receivables Historical Data

The historical data trend for Weidai'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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Weidai Change In Receivables Chart

Weidai Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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9.86

-1.84

-0.32

1.33

-2.74

Weidai Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Weidai 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Weidai (OTCPK:WEIDY) 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.

Weidai's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	27.118	*	91
=	0.00

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

Weidai's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	61.723	-	120.007	+	0.75 * 0	+	0.5 * 0
=	-58.3

Weidai Change In Receivables Related Terms

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Weidai (Weidai) Business Description

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Address

No. 668, Jianshe 3rd Road, Hongxin Science and Technology Park, Xiaoshan District, Zhejiang Province, Hangzhou, CHN

Website

https://www.weidai.com.cn

Weidai Ltd is engaged in the online finance marketplace business in the People's Republic of China. The company's platform connects borrowers, the majority of which are small and micro enterprise owners, with both online investors and institutional funding partners. It generates revenue from the service fees charged to borrowers for facilitation and management of loans, and also charge fees to online investors for facilitating their investments via a platform, and the transfer of their investments on its secondary loan market.