Zhongliang Holdings Group Co (HKSE:02772) Change In Receivables : HK$-0 Mil (TTM As of Dec. 2023)

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What is Zhongliang Holdings Group Co Change In Receivables?

Zhongliang Holdings Group Co's change in receivables for the quarter that ended in Dec. 2023 was HK$4 Mil. It means Zhongliang Holdings Group Co's Accounts Receivable declined by HK$4 Mil from Jun. 2023 to Dec. 2023 .

Zhongliang Holdings Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-0 Mil. It means Zhongliang Holdings Group Co's Accounts Receivable increased by HK$0 Mil from Dec. 2022 to Dec. 2023 .

Zhongliang Holdings Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$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. Zhongliang Holdings Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhongliang Holdings Group Co's liquidation value for the six months ended in Dec. 2023 was HK$-104,786 Mil.

Zhongliang Holdings Group Co Change In Receivables Historical Data

The historical data trend for Zhongliang Holdings Group 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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Zhongliang Holdings Group Co Change In Receivables Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.15

57.76

-0.04

-2.81

-0.12

Zhongliang Holdings Group 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									-0.34	-1.23	-1.63	-4.49	4.38

Zhongliang Holdings Group 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$-0 Mil.

Zhongliang Holdings Group Co (HKSE:02772) 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.

Zhongliang Holdings Group 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
=	8.594	/	41305.775	*	91
=	0.04

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

Zhongliang Holdings Group 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)
=	11702.889	-	168845.569	+	0.75 * 8.594	+	0.5 * 104700.232
=	-104,786

Zhongliang Holdings Group Co Change In Receivables Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Executives

Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag	2201 Interest of corporation controlled by you
Xu Xiaoqun	2202 Interest of your spouse
Changxing Pte. Ltd.	2301 Trustee
Liangzhong international co., ltd.	2101 Beneficial owner

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