COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is COSCO SHIPPING International (Hong Kong) Co Change In Receivables?

COSCO SHIPPING International (Hong Kong) Co's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means COSCO SHIPPING International (Hong Kong) Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

COSCO SHIPPING International (Hong Kong) Co's change in receivables for the fiscal year that ended in Dec. 2023 was $59.2 Mil. It means COSCO SHIPPING International (Hong Kong) Co's Accounts Receivable declined by $59.2 Mil from Dec. 2022 to Dec. 2023 .

COSCO SHIPPING International (Hong Kong) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $70.6 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. COSCO SHIPPING International (Hong Kong) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 58.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. COSCO SHIPPING International (Hong Kong) Co's liquidation value for the six months ended in Dec. 2023 was $729.2 Mil.

COSCO SHIPPING International (Hong Kong) Co Change In Receivables Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) 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.

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COSCO SHIPPING International (Hong Kong) Co Change In Receivables Chart

COSCO SHIPPING International (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.23

-15.37

-0.81

-11.13

59.24

COSCO SHIPPING International (Hong Kong) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

COSCO SHIPPING International (Hong Kong) 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 semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

COSCO SHIPPING International (Hong Kong) Co (OTCPK:CHDGF) 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.

COSCO SHIPPING International (Hong Kong) 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
=	70.638	/	220.379	*	91
=	58.50

2. In Ben Graham's calculation of liquidation value, COSCO SHIPPING International (Hong Kong) Co's accounts receivable are only considered to be worth 75% of book value:

COSCO SHIPPING International (Hong Kong) 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)
=	787.485	-	130.327	+	0.75 * 70.638	+	0.5 * 38.2
=	729.2

COSCO SHIPPING International (Hong Kong) Co Change In Receivables Related Terms

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COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (OTCPK:CHDGF) » Definitions » Change In Receivables

Traded in Other Exchanges

00517:Hong Kong CSB:Germany

Address

183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG

Website

https://hk.coscoshipping.com

COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Headlines

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