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Zhongzheng International Co (FRA:FRZS) Change In Receivables : €0.00 Mil (TTM As of Dec. 2023)


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What is Zhongzheng International Co Change In Receivables?

Zhongzheng International Co's change in receivables for the quarter that ended in Dec. 2023 was €0.00 Mil. It means Zhongzheng International Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Zhongzheng International Co's change in receivables for the fiscal year that ended in Jun. 2023 was €9.82 Mil. It means Zhongzheng International Co's Accounts Receivable declined by €9.82 Mil from Dec. 2021 to Jun. 2023 .

Zhongzheng International Co's Accounts Receivable for the quarter that ended in Dec. 2023 was €24.42 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. Zhongzheng International Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 451.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhongzheng International Co's liquidation value for the six months ended in Dec. 2023 was €-165.02 Mil.


Zhongzheng International Co Change In Receivables Historical Data

The historical data trend for Zhongzheng International 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.

* Premium members only.

Zhongzheng International Co Change In Receivables Chart

Zhongzheng International Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.18 9.82 -6.23 - 9.82

Zhongzheng International Co Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Zhongzheng International 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 €0.00 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.


Zhongzheng International Co  (FRA:FRZS) 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.

Zhongzheng International 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
=24.416/9.871*91
=451.42

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

Zhongzheng International 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)
=5.148-250.108+0.75 * 24.416+0.5 * 123.259
=-165.02

* 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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Zhongzheng International Co (FRA:FRZS) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, Bank of East Asia Harbour View Centre, Room 1005, Wanchai, Hong Kong, HKG
Zhongzheng International Co Ltd is an investment holding company. The company's segment includes Property development; Primary land development; Money lending business; Coal mining business and Healthcare and household business. It generates maximum revenue from the Healthcare and household business segments. Geographically, it derives a majority of its revenue from The People's Republic of China.

Zhongzheng International Co (FRA:FRZS) Headlines

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