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Changan Minsheng APLL Logistics Co (HKSE:01292) Change In Receivables : HK$-420 Mil (TTM As of Dec. 2023)


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What is Changan Minsheng APLL Logistics Co Change In Receivables?

Changan Minsheng APLL Logistics Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-420 Mil. It means Changan Minsheng APLL Logistics Co's Accounts Receivable increased by HK$420 Mil from Jun. 2023 to Dec. 2023 .

Changan Minsheng APLL Logistics Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-690 Mil. It means Changan Minsheng APLL Logistics Co's Accounts Receivable increased by HK$690 Mil from Dec. 2022 to Dec. 2023 .

Changan Minsheng APLL Logistics Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,604 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. Changan Minsheng APLL Logistics Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Changan Minsheng APLL Logistics Co's liquidation value for the six months ended in Dec. 2023 was HK$-1,113 Mil.


Changan Minsheng APLL Logistics Co Change In Receivables Historical Data

The historical data trend for Changan Minsheng APLL Logistics 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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Changan Minsheng APLL Logistics Co Change In Receivables Chart

Changan Minsheng APLL Logistics 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 -193.56 492.42 261.78 -1,051.39 -689.79

Changan Minsheng APLL Logistics Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 -116.36 -940.54 -269.93 -419.86 -

Changan Minsheng APLL Logistics 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 HK$-420 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.


Changan Minsheng APLL Logistics Co  (HKSE:01292) 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.

Changan Minsheng APLL Logistics 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
=1604.408/4358.365*91
=67.18

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

Changan Minsheng APLL Logistics 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)
=932.6-3264.764+0.75 * 1604.408+0.5 * 31.584
=-1,113

* 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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Changan Minsheng APLL Logistics Co Business Description

Traded in Other Exchanges
Address
No. 1881, Jinkai Road, Yubei District, Chongqing, CHN, 401122
Changan Minsheng APLL Logistics Co Ltd is a China-based logistics provider. Along with its subsidiaries, e the rendering of transportation services for finished vehicles, supply chain management services for automobile raw materials, components, and parts, transportation services for non-automobile commodities, the sale of packaging materials, and the processing of tires. It principally has its business presence in PRC.
Executives
Apl Logistics Ltd 2101 Beneficial owner
Apl Logistics Ltd. 2101 Beneficial owner
Zhong Guo Chang An Qi Che Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

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