ZTO Express (Cayman) (ZTO Express (Cayman)) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is ZTO Express (Cayman) Change In Receivables?

ZTO Express (Cayman)'s change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means ZTO Express (Cayman)'s Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

ZTO Express (Cayman)'s change in receivables for the fiscal year that ended in Dec. 2023 was $67 Mil. It means ZTO Express (Cayman)'s Accounts Receivable declined by $67 Mil from Dec. 2022 to Dec. 2023 .

ZTO Express (Cayman)'s Accounts Receivable for the quarter that ended in Dec. 2023 was $239 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. ZTO Express (Cayman)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 14.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZTO Express (Cayman)'s liquidation value for the three months ended in Dec. 2023 was $-995 Mil.

ZTO Express (Cayman) Change In Receivables Historical Data

The historical data trend for ZTO Express (Cayman)'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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ZTO Express (Cayman) Change In Receivables Chart

ZTO Express (Cayman) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-99.82

-223.36

-61.75

12.34

66.91

ZTO Express (Cayman) 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															-	-	-	-	-

ZTO Express (Cayman) 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.

ZTO Express (Cayman) (NYSE:ZTO) 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.

ZTO Express (Cayman)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	239.209	/	1487.274	*	91
=	14.68

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

ZTO Express (Cayman)'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)
=	2771.423	-	3947.342	+	0.75 * 239.209	+	0.5 * 3.932
=	-995

ZTO Express (Cayman) Change In Receivables Related Terms

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ZTO Express (Cayman) (ZTO Express (Cayman)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZTO Express (Cayman) Inc (NYSE:ZTO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ZTO:Mexico 02057:Hong Kong 0A33:UK ZTOA:Germany Z1TO34:Brazil

Address

No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708

Website

http://ir.zto.com

ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains the Chairman, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company, Alibaba Group, with around an 11.7% interest.