DAZSF (Da Ai Zhi Shui International Holding Group) Change In Receivables: $-0.44 Mil (TTM As of May. 2023)

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DAZSF Da Ai Zhi Shui International Holding Group Ltd DAZSF
23 GF Score
Price $0.22
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What is Da Ai Zhi Shui International Holding Group Change In Receivables?

Da Ai Zhi Shui International Holding Group DAZSF +145.67% 23 Change In Receivables is $-0.44 Mil as of May. 2023. GuruFocus rates DAZSF with a GF Score™ of 23/100.

Da Ai Zhi Shui International Holding Group's change in receivables for the quarter that ended in May. 2023 was $-0.44 Mil. It means Da Ai Zhi Shui International Holding Group's Accounts Receivable increased by $0.44 Mil from May. 2022 to May. 2023 .

Da Ai Zhi Shui International Holding Group's change in receivables for the fiscal year that ended in May. 2023 was $-0.44 Mil. It means Da Ai Zhi Shui International Holding Group's Accounts Receivable increased by $0.44 Mil from May. 2022 to May. 2023 .

Da Ai Zhi Shui International Holding Group's Accounts Receivable for the quarter that ended in May. 2023 was $0.69 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. Da Ai Zhi Shui International Holding Group's Days Sales Outstanding for the six months ended in May. 2023 was 32.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Da Ai Zhi Shui International Holding Group's liquidation value for the six months ended in May. 2023 was $-0.78 Mil.


Da Ai Zhi Shui International Holding Group  (OTCPK:DAZSF) 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.

Da Ai Zhi Shui International Holding Group's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.685/3.79*91
=32.98

2. In Ben Graham's calculation of liquidation value, Da Ai Zhi Shui International Holding Group's accounts receivable are only considered to be worth 75% of book value:

Da Ai Zhi Shui International Holding Group's liquidation value for the quarter that ended in May. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.042-1.334+0.75 * 0.685+0.5 * 0
=-0.78

* 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.


Da Ai Zhi Shui International Holding Group Change In Receivables Related Terms


Da Ai Zhi Shui International Holding Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International Holding Group'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.

Da Ai Zhi Shui International Holding Group Change In Receivables Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
Change In Receivables
0.00 -0.02 -0.44

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
Change In Receivables 0.00 -0.02 -0.44
DAZSF
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Da Ai Zhi Shui International Holding Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in May. 2023 was $-0.44 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 $-0.44 Mil mean?
Da Ai Zhi Shui International Holding Group (DAZSF) has a Change In Receivables of $-0.44 Mil as of May. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Da Ai Zhi Shui International Holding Group and its competitors.
Is Da Ai Zhi Shui International Holding Group's Change In Receivables too high?
Da Ai Zhi Shui International Holding Group's current Change In Receivables is $-0.44 Mil. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's Change In Receivables compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's Change In Receivables of $-0.44 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Da Ai Zhi Shui International Holding Group and its competitors. Da Ai Zhi Shui International Holding Group's current Change In Receivables is $-0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSF) has a current Change In Receivables of $-0.44 Mil. The current Change In Receivables is $-0.44 Mil. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSF), the current Change In Receivables is $-0.44 Mil as of May. 2023. 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.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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