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Chijet Motor Co (Chijet Motor Co) Change In Receivables : $9.93 Mil (TTM As of Dec. 2023)


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What is Chijet Motor Co Change In Receivables?

Chijet Motor Co's change in receivables for the quarter that ended in Dec. 2023 was $7.29 Mil. It means Chijet Motor Co's Accounts Receivable declined by $7.29 Mil from Jun. 2023 to Dec. 2023 .

Chijet Motor Co's change in receivables for the fiscal year that ended in Dec. 2023 was $9.93 Mil. It means Chijet Motor Co's Accounts Receivable declined by $9.93 Mil from Dec. 2022 to Dec. 2023 .

Chijet Motor Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $2.45 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. Chijet Motor Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chijet Motor Co's liquidation value for the six months ended in Dec. 2023 was $-595.36 Mil.

Chijet Motor Co Change In Receivables Historical Data

The historical data trend for Chijet Motor 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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Chijet Motor Co Change In Receivables Chart

Chijet Motor Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-23.87 71.08 9.86 9.93

Chijet Motor Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial 20.90 4.20 5.66 2.64 7.29

Chijet Motor 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 $9.93 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.

Chijet Motor Co  (NAS:CJET) 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.

Chijet Motor 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
=2.449/6.868*91
=65.08

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

Chijet Motor 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)
=10.731-615.325+0.75 * 2.449+0.5 * 14.785
=-595.36

* 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.

Chijet Motor Co Change In Receivables Related Terms

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Chijet Motor Co (Chijet Motor Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chijet Motor Co Inc (NAS:CJET) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
No. 8, Beijing South Road Economic & Technological Development Zone Yantai, Shandong, CHN, 264006
Website
https://www.chijetmotors.com
Chijet Motor Co Inc is engaged in the research and development, production and sales of new energy vehicles. New energy vehicles refer to plug-in electric vehicles including battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. Its passenger vehicles include small cars, sedans, and sports utility vehicles, or SUVs, and commercial vehicles include light trucks and vans.