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GreenTree Hospitality Group (GreenTree Hospitality Group) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)


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What is GreenTree Hospitality Group Change In Receivables?

GreenTree Hospitality Group's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means GreenTree Hospitality Group's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

GreenTree Hospitality Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means GreenTree Hospitality Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

GreenTree Hospitality Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $17.4 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. GreenTree Hospitality Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GreenTree Hospitality Group's liquidation value for the three months ended in Dec. 2023 was $-318.2 Mil.


GreenTree Hospitality Group Change In Receivables Historical Data

The historical data trend for GreenTree Hospitality 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.

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GreenTree Hospitality Group Change In Receivables Chart

GreenTree Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -7.91 -2.82 -4.13 -8.77 -

GreenTree Hospitality Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - - - - -

GreenTree Hospitality 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 quarterly data reported by the company within the most recent 12 months, which was $0.0 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.


GreenTree Hospitality Group  (NYSE:GHG) 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.

GreenTree Hospitality 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
=17.351/52.122*91
=30.38

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

GreenTree Hospitality 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)
=169.37-501.995+0.75 * 17.351+0.5 * 2.866
=-318.2

* 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.


GreenTree Hospitality Group Change In Receivables Related Terms

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GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Traded in Other Exchanges
Address
1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065
GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.