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CBEDF (China Taifeng Beddings Holdings) Change In Receivables : $0.0 Mil (TTM As of Jun. 2014)


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What is China Taifeng Beddings Holdings Change In Receivables?

China Taifeng Beddings Holdings's change in receivables for the quarter that ended in Jun. 2014 was $0.0 Mil. It means China Taifeng Beddings Holdings's Accounts Receivable stayed the same from Dec. 2013 to Jun. 2014 .

China Taifeng Beddings Holdings's change in receivables for the fiscal year that ended in Dec. 2013 was $7.6 Mil. It means China Taifeng Beddings Holdings's Accounts Receivable declined by $7.6 Mil from Dec. 2012 to Dec. 2013 .

China Taifeng Beddings Holdings's Accounts Receivable for the quarter that ended in Jun. 2014 was $123.0 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. China Taifeng Beddings Holdings's Days Sales Outstanding for the six months ended in Jun. 2014 was 210.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Taifeng Beddings Holdings's liquidation value for the six months ended in Jun. 2014 was $203.5 Mil.


China Taifeng Beddings Holdings Change In Receivables Historical Data

The historical data trend for China Taifeng Beddings Holdings'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.

China Taifeng Beddings Holdings Change In Receivables Chart

China Taifeng Beddings Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial -21.26 -26.10 -29.53 -43.20 7.62

China Taifeng Beddings Holdings Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

China Taifeng Beddings Holdings 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 Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

* 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.


China Taifeng Beddings Holdings  (OTCPK:CBEDF) 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.

China Taifeng Beddings Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122.967/106.804*91
=210.12

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

China Taifeng Beddings Holdings's liquidation value for the quarter that ended in Jun. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=306.823-202.05+0.75 * 122.967+0.5 * 12.978
=203.5

* 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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China Taifeng Beddings Holdings Business Description

Traded in Other Exchanges
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Address
China Taifeng Beddings Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of cotton yarns and bedding products in China. The Manufacture and Distribution of Cotton Yarns segment are engaged in the manufacture of cotton yarns tailored to the requirements of customers, as well as the distribution of the cotton yarns to textile manufacturers in domestic and overseas markets. The Manufacture and Distribution of Bedding Products segment are engaged in the manufacture and distribution of bed covers, flat sheets, pillowcases, bed sheets, quilt covers and other bedding products. Its products are sold under TAIFENG brand in China market or sold to overseas original equipment manufacturer customers under their international brands.

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