Bank of Qingdao Co (FRA:4BQ) Change In Receivables : €-78 Mil (TTM As of Mar. 2024)

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What is Bank of Qingdao Co Change In Receivables?

Bank of Qingdao Co's change in receivables for the quarter that ended in Mar. 2024 was €-78 Mil. It means Bank of Qingdao Co's Accounts Receivable increased by €78 Mil from Dec. 2023 to Mar. 2024 .

Bank of Qingdao Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-215 Mil. It means Bank of Qingdao Co's Accounts Receivable increased by €215 Mil from Dec. 2022 to Dec. 2023 .

Bank of Qingdao Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €0 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. Bank of Qingdao Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bank of Qingdao Co's liquidation value for the three months ended in Mar. 2024 was €-67,993 Mil.

Bank of Qingdao Co Change In Receivables Historical Data

The historical data trend for Bank of Qingdao 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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Bank of Qingdao Co Change In Receivables Chart

Bank of Qingdao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-177.89

-271.63

-103.01

-498.70

-214.77

Bank of Qingdao Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-78.45

Bank of Qingdao 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-78 Mil.

Bank of Qingdao Co (FRA:4BQ) 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.

Bank of Qingdao Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	348.472	*	91
=	0.00

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

Bank of Qingdao Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6285.07	-	74278.076	+	0.75 * 0	+	0.5 * 0
=	-67,993

Bank of Qingdao Co Change In Receivables Related Terms

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Bank of Qingdao Co (FRA:4BQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Qingdao Co Ltd (FRA:4BQ) » Definitions » Change In Receivables

Traded in Other Exchanges

03866:Hong Kong 4BQ:Germany 002948:China

Address

No. 6 Qinling Road, Building 3, Laoshan District, Shandong Province, Qingdao, CHN, 266061

Website

https://www.qdccb.com

Bank of Qingdao Co Ltd is engaged in the banking business. Its main segments include corporate banking, retail banking, and financial market business. The corporate banking segment offers financial products and services to corporations, government agencies, and financial institutions. The retail banking segments comprise personal loans and deposit services, whereas the financial market business covers inter-bank money market transactions, repurchases transactions, investments in debt securities, and non-standardized debt investments, and others. It generates most of its revenue from the corporate business segment.

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