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Pujiang International Group (HKSE:02060) Change In Receivables : HK$-162 Mil (TTM As of Jun. 2023)


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What is Pujiang International Group Change In Receivables?

Pujiang International Group's change in receivables for the quarter that ended in Jun. 2023 was HK$-307 Mil. It means Pujiang International Group's Accounts Receivable increased by HK$307 Mil from Dec. 2022 to Jun. 2023 .

Pujiang International Group's change in receivables for the fiscal year that ended in Dec. 2022 was HK$-267 Mil. It means Pujiang International Group's Accounts Receivable increased by HK$267 Mil from Dec. 2021 to Dec. 2022 .

Pujiang International Group's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$1,966 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. Pujiang International Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 364.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pujiang International Group's liquidation value for the six months ended in Jun. 2023 was HK$-1,670 Mil.


Pujiang International Group Change In Receivables Historical Data

The historical data trend for Pujiang International 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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Pujiang International Group Change In Receivables Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -297.69 -436.76 223.45 -416.65 -267.25

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 -428.95 -432.41 144.70 -307.10

Pujiang International 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-162 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.


Pujiang International Group  (HKSE:02060) 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.

Pujiang International Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1966.018/984.431*91
=364.47

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

Pujiang International Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=285.384-3734.886+0.75 * 1966.018+0.5 * 609.138
=-1,670

* 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.


Pujiang International Group Change In Receivables Related Terms

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Pujiang International Group (HKSE:02060) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
Executives
Elegant Kindness Limited 2101 Beneficial owner
Tang Liang 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
China Silver Asset Management Llc 2102 Investment manager
Cs Asia Opportunities Master Fund 2101 Beneficial owner
China Silver Asset Management Limited 2102 Investment manager
China Merchants Bank Co., Ltd. 2201 Interest of corporation controlled by you
Cmb International Finance Limited 2106 Person having a security interest in shares

Pujiang International Group (HKSE:02060) Headlines

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