Poly Culture Group (FRA:0P4) Change In Receivables : €0.0 Mil (TTM As of Jun. 2023)

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What is Poly Culture Group Change In Receivables?

Poly Culture Group's change in receivables for the quarter that ended in Jun. 2023 was €0.0 Mil. It means Poly Culture Group's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Poly Culture Group's change in receivables for the fiscal year that ended in Dec. 2022 was €48.5 Mil. It means Poly Culture Group's Accounts Receivable declined by €48.5 Mil from Dec. 2021 to Dec. 2022 .

Poly Culture Group's Accounts Receivable for the quarter that ended in Jun. 2023 was €86.9 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. Poly Culture Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 78.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Poly Culture Group's liquidation value for the six months ended in Jun. 2023 was €-759.0 Mil.

Poly Culture Group Change In Receivables Historical Data

The historical data trend for Poly Culture 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.

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Poly Culture Group Change In Receivables Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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45.96

-101.17

46.13

57.13

48.52

Poly Culture Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Poly Culture 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.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Poly Culture Group (FRA:0P4) 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.

Poly Culture Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	86.89	/	203.243	*	91
=	78.02

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

Poly Culture Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	164.724	-	1131.18	+	0.75 * 86.89	+	0.5 * 284.516
=	-759.0

Poly Culture Group Change In Receivables Related Terms

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Poly Culture Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (FRA:0P4) » Definitions » Change In Receivables

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Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

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