Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Change In Receivables : HK$1.9 Mil (TTM As of Dec. 2023)

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What is Shanghai Dongzheng Automotive Finance Co Change In Receivables?

Shanghai Dongzheng Automotive Finance Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.5 Mil. It means Shanghai Dongzheng Automotive Finance Co's Accounts Receivable declined by HK$0.5 Mil from Jun. 2023 to Dec. 2023 .

Shanghai Dongzheng Automotive Finance Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$1.9 Mil. It means Shanghai Dongzheng Automotive Finance Co's Accounts Receivable declined by HK$1.9 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Dongzheng Automotive Finance Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0.0 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. Shanghai Dongzheng Automotive Finance Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Dongzheng Automotive Finance Co's liquidation value for the six months ended in Dec. 2023 was HK$-1,157.5 Mil.

Shanghai Dongzheng Automotive Finance Co Change In Receivables Historical Data

The historical data trend for Shanghai Dongzheng Automotive Finance 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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Shanghai Dongzheng Automotive Finance Co Change In Receivables Chart

Shanghai Dongzheng Automotive Finance Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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60.77

39.10

-293.80

284.12

1.85

Shanghai Dongzheng Automotive Finance Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial									-137.17	295.30	2.80	1.33	0.52

Shanghai Dongzheng Automotive Finance 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$1.9 Mil.

Shanghai Dongzheng Automotive Finance Co (HKSE:02718) 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.

Shanghai Dongzheng Automotive Finance 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
=	0	/	184.984	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Shanghai Dongzheng Automotive Finance Co's accounts receivable are only considered to be worth 75% of book value:

Shanghai Dongzheng Automotive Finance 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)
=	505.531	-	1663.04	+	0.75 * 0	+	0.5 * 0
=	-1,157.5

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Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shanghai Dongzheng Automotive Finance Co Ltd (HKSE:02718) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yao Yuan Road, Pudong New Area, 12th Floor, Building 2, No. 58, Shanghai, CHN

Website

https://www.dongzhengafc.com

Shanghai Dongzheng Automotive Finance Co Ltd is engaged in providing auto finance products and services for the purchase of luxury-brand cars. Its segments include Retail business and Dealer's loan business. The company generates maximum revenue from the Retail business segment. Geographically the group conducts its business in PRC.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Shang Hai Qi Che Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Shang Hai Qi Che Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xingtai Capital Management Limited	2102 Investment manager
Xingtai China Master Fund	2101 Beneficial owner
Pictet Asset Management (singapore) Pte Ltd
Ubs Group Ag	2201 Interest of corporation controlled by you
Canepa Funds Icav Xingtai China Fund	2101 Beneficial owner
Global Precise Assets Limited
Morgan Stanley Capital Management, Llc	2201 Interest of corporation controlled by you
Msdw Investment Holdings (us) Llc	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Tx Capital (hk) Limited	2102 Investment manager
Morgan Stanley International Incorporated	2201 Interest of corporation controlled by you

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