CBGH (China Yibai United Guarantee International Holding) Change In Receivables: $-0.13 Mil (TTM As of Jun. 2004)

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What is China Yibai United Guarantee International Holding Change In Receivables?

China Yibai United Guarantee International Holding CBGH Change In Receivables is $-0.13 Mil as of Jun. 2004.

China Yibai United Guarantee International Holding's change in receivables for the quarter that ended in Jun. 2004 was $0.01 Mil. It means China Yibai United Guarantee International Holding's Accounts Receivable declined by $0.01 Mil from Mar. 2004 to Jun. 2004 .

China Yibai United Guarantee International Holding's change in receivables for the fiscal year that ended in Sep. 2003 was $-0.25 Mil. It means China Yibai United Guarantee International Holding's Accounts Receivable increased by $0.25 Mil from Sep. 2002 to Sep. 2003 .

China Yibai United Guarantee International Holding's Accounts Receivable for the quarter that ended in Jun. 2004 was $1.26 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 Yibai United Guarantee International Holding's Days Sales Outstanding for the three months ended in Jun. 2004 was 50.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Yibai United Guarantee International Holding's liquidation value for the three months ended in Jun. 2004 was $-1.67 Mil.

China Yibai United Guarantee International Holding  (OTCPK:CBGH) 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 Yibai United Guarantee International Holding's Days Sales Outstanding for the quarter that ended in Jun. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.261/2.285*91
=50.36

2. In Ben Graham's calculation of liquidation value, China Yibai United Guarantee International Holding's accounts receivable are only considered to be worth 75% of book value:

China Yibai United Guarantee International Holding's liquidation value for the quarter that ended in Jun. 2004 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.103-3.346+0.75 * 1.261+0.5 * 1.248
=-1.67

* 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 Yibai United Guarantee International Holding Change In Receivables Related Terms

China Yibai United Guarantee International Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Change In Receivables Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Change In Receivables
0.13 -0.22 -0.25

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.20 -0.17 -0.14 0.18 0.01

China Yibai United Guarantee International Holding 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. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.13 Mil mean?
China Yibai United Guarantee International Holding (CBGH) has a Change In Receivables of $-0.13 Mil as of Jun. 2004. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Change In Receivables too high?
China Yibai United Guarantee International Holding's current Change In Receivables is $-0.13 Mil.
How does China Yibai United Guarantee International Holding's Change In Receivables compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Change In Receivables of $-0.13 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Software company?
A good Change In Receivables depends on the Software industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for China Yibai United Guarantee International Holding and its competitors. China Yibai United Guarantee International Holding's current Change In Receivables is $-0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Change In Receivables of $-0.13 Mil. The current Change In Receivables is $-0.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For China Yibai United Guarantee International Holding (CBGH), the current Change In Receivables is $-0.13 Mil as of Jun. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.