Fuxing China Group (FRA:3FU1) Change In Receivables : €5.52 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Fuxing China Group Change In Receivables?

Fuxing China Group's change in receivables for the quarter that ended in Dec. 2023 was €2.62 Mil. It means Fuxing China Group's Accounts Receivable declined by €2.62 Mil from Jun. 2023 to Dec. 2023 .

Fuxing China Group's change in receivables for the fiscal year that ended in Dec. 2023 was €5.51 Mil. It means Fuxing China Group's Accounts Receivable declined by €5.51 Mil from Dec. 2022 to Dec. 2023 .

Fuxing China Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €26.68 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. Fuxing China Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fuxing China Group's liquidation value for the six months ended in Dec. 2023 was €-5.37 Mil.

Fuxing China Group Change In Receivables Historical Data

The historical data trend for Fuxing China 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.

* Premium members only.

Fuxing China Group Change In Receivables Chart

Fuxing China Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

1.03

-1.62

3.49

-3.79

5.51

Fuxing China Group 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															1.13	-2.39	-1.50	2.91	2.62

Fuxing China 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €5.52 Mil.

Fuxing China Group (FRA:3FU1) 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.

Fuxing China Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.68	/	49.405	*	91
=	98.55

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

Fuxing China Group'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)
=	10.311	-	40.851	+	0.75 * 26.68	+	0.5 * 10.315
=	-5.37

Fuxing China Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Fuxing China Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Fuxing China Group (FRA:3FU1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fuxing China Group Ltd (FRA:3FU1) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AWK:Singapore

Address

Hangbian Industrial Area, Longhu Town, Fujian Province, Jinjiang, CHN, 362241

Website

http://www.3fzipper.com

Fuxing China Group Ltd is an investment holding company. The company has four reportable operating segments: Zippers, Processing, Trading, and Corporate. The zipper segment is further subdivided into Zipper Chains, and Zipper Sliders. The processing segment includes colour dyeing of fabric tapes for zippers, electroplating services for zipper sliders, and manufacturing and sales of dyed yarn. The Trading segment represents the trading of raw materials, including rubber thread, nylon fabric, and nylon yarn. Its geographical segments are China and Hong Kong, of which China accounts for the majority of its revenue.

Fuxing China Group (FRA:3FU1) Headlines

No Headlines