Huaibei GreenGold Industry Investment Co (HKSE:02450) Change In Receivables : HK$0.0 Mil (TTM As of Jun. 2023)

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What is Huaibei GreenGold Industry Investment Co Change In Receivables?

Huaibei GreenGold Industry Investment Co's change in receivables for the quarter that ended in Jun. 2023 was HK$0.0 Mil. It means Huaibei GreenGold Industry Investment Co's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Huaibei GreenGold Industry Investment Co's change in receivables for the fiscal year that ended in Dec. 2022 was HK$-14.5 Mil. It means Huaibei GreenGold Industry Investment Co's Accounts Receivable increased by HK$14.5 Mil from Dec. 2021 to Dec. 2022 .

Huaibei GreenGold Industry Investment Co's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$38.9 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. Huaibei GreenGold Industry Investment Co's liquidation value for the three months ended in Jun. 2023 was HK$-1,481.8 Mil.

Huaibei GreenGold Industry Investment Co Change In Receivables Historical Data

The historical data trend for Huaibei GreenGold Industry Investment 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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Huaibei GreenGold Industry Investment Co Change In Receivables Chart

Huaibei GreenGold Industry Investment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-104.57

13.48

64.08

-14.48

Huaibei GreenGold Industry Investment Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-	-	-	-	-

Huaibei GreenGold Industry Investment 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Huaibei GreenGold Industry Investment Co (HKSE:02450) 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.

Huaibei GreenGold Industry Investment Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.906	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Huaibei GreenGold Industry Investment Co's accounts receivable are only considered to be worth 75% of book value:

Huaibei GreenGold Industry Investment Co'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)
=	183.408	-	1696.228	+	0.75 * 38.906	+	0.5 * 3.741
=	-1,481.8

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Huaibei GreenGold Industry Investment Co (HKSE:02450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaibei GreenGold Industry Investment Co Ltd (HKSE:02450) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Taobo Road, 4th Floor, Shuangchuang Service Centre, Song Tuan Town, Lieshan District, Anhui Province, Huaibei, CHN

Website

http://www.ljgfjt.com

Huaibei GreenGold Industry Investment Co Ltd is a China-based company chiefly engaged in the production and sales of construction material products. The company's main products include aggregate products and concrete products. The aggregate products mainly include general materials, stone powder, 0.5-1 construction aggregate, 1-2 construction aggregate, and 1-3 construction aggregate. The concrete products mainly include ready-mixed concrete, cement-stabilized macadam, and asphalt concrete.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Chu David	2101 Beneficial owner

Huaibei GreenGold Industry Investment Co (HKSE:02450) Headlines

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