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ZTO Express (Cayman) (FRA:ZTOB) Change In Receivables : €0 Mil (TTM As of Jun. 2024)


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What is ZTO Express (Cayman) Change In Receivables?

ZTO Express (Cayman)'s change in receivables for the quarter that ended in Jun. 2024 was €0 Mil. It means ZTO Express (Cayman)'s Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

ZTO Express (Cayman)'s change in receivables for the fiscal year that ended in Dec. 2023 was €61 Mil. It means ZTO Express (Cayman)'s Accounts Receivable declined by €61 Mil from Dec. 2022 to Dec. 2023 .

ZTO Express (Cayman)'s Accounts Receivable for the quarter that ended in Jun. 2024 was €225 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. ZTO Express (Cayman)'s Days Sales Outstanding for the three months ended in Jun. 2024 was 14.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZTO Express (Cayman)'s liquidation value for the three months ended in Jun. 2024 was €-1,070 Mil.


ZTO Express (Cayman) Change In Receivables Historical Data

The historical data trend for ZTO Express (Cayman)'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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ZTO Express (Cayman) Change In Receivables Chart

ZTO Express (Cayman) 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 -89.84 -183.60 -54.65 11.65 61.36

ZTO Express (Cayman) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

ZTO Express (Cayman) 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 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.


ZTO Express (Cayman)  (FRA:ZTOB) 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.

ZTO Express (Cayman)'s Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=225.166/1373.512*91
=14.96

2. In Ben Graham's calculation of liquidation value, ZTO Express (Cayman)'s accounts receivable are only considered to be worth 75% of book value:

ZTO Express (Cayman)'s liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2617.561-3858.285+0.75 * 225.166+0.5 * 3.598
=-1,070

* 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.


ZTO Express (Cayman) Change In Receivables Related Terms

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ZTO Express (Cayman) Business Description

Address
No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 11.7% interest.

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