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China Huarong Energy Co (FRA:XYTA) Change In Receivables : €0.00 Mil (TTM As of Dec. 2023)


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What is China Huarong Energy Co Change In Receivables?

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

China Huarong Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was €0.30 Mil. It means China Huarong Energy Co's Accounts Receivable declined by €0.30 Mil from Dec. 2022 to Dec. 2023 .

China Huarong Energy Co's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.98 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. China Huarong Energy Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Huarong Energy Co's liquidation value for the six months ended in Dec. 2023 was €-1,337.76 Mil.


China Huarong Energy Co Change In Receivables Historical Data

The historical data trend for China Huarong Energy 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.

China Huarong Energy Co Change In Receivables Chart

China Huarong Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.43 0.13 5.70 1.75 0.30

China Huarong Energy Co 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 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 - - - - -

China Huarong Energy 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.


China Huarong Energy Co  (FRA:XYTA) 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.

China Huarong Energy 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
=0.977/4.311*91
=41.36

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

China Huarong Energy 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)
=0.275-1338.963+0.75 * 0.977+0.5 * 0.382
=-1,337.76

* 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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China Huarong Energy Co (FRA:XYTA) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Suites 1508-10, 15th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its only segment is Energy Exploration and Production which is engaged in the sales of crude oil. The company projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. Geographically, it derives revenue from Kyrgyzstan.

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