Qilu Expressway Company (HKSE:01576) Change In Receivables : HK$-465 Mil (TTM As of Dec. 2023)

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What is Qilu Expressway Company Change In Receivables?

Qilu Expressway Company's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Qilu Expressway Company's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Qilu Expressway Company's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-324 Mil. It means Qilu Expressway Company's Accounts Receivable increased by HK$324 Mil from Dec. 2022 to Dec. 2023 .

Qilu Expressway Company's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$507 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qilu Expressway Company's liquidation value for the six months ended in Dec. 2023 was HK$-8,188 Mil.

Qilu Expressway Company Change In Receivables Historical Data

The historical data trend for Qilu Expressway Company'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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Qilu Expressway Company Change In Receivables Chart

Qilu Expressway Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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199.37

-74.85

-136.10

-344.31

-323.87

Qilu Expressway Company Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-119.33	-9.89	-334.89	-130.29	-

Qilu Expressway Company 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$-465 Mil.

Qilu Expressway Company (HKSE:01576) 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.

Qilu Expressway Company's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	506.555	/	0	*	91
=

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

Qilu Expressway Company'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)
=	655.997	-	9247.918	+	0.75 * 506.555	+	0.5 * 47.851
=	-8,188

Qilu Expressway Company Change In Receivables Related Terms

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Qilu Expressway Company (HKSE:01576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Qilu Expressway Company Ltd (HKSE:01576) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.qlecl.com

Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

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