Cosco Shipping Development Co (HKSE:02866) Change In Receivables : HK$0 Mil (TTM As of Mar. 2024)

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What is Cosco Shipping Development Co Change In Receivables?

Cosco Shipping Development Co's change in receivables for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Cosco Shipping Development Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Cosco Shipping Development Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-2,533 Mil. It means Cosco Shipping Development Co's Accounts Receivable increased by HK$2,533 Mil from Dec. 2022 to Dec. 2023 .

Cosco Shipping Development Co's Accounts Receivable for the quarter that ended in Mar. 2024 was HK$2,012 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. Cosco Shipping Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cosco Shipping Development Co's liquidation value for the three months ended in Mar. 2024 was HK$-87,121 Mil.

Cosco Shipping Development Co Change In Receivables Historical Data

The historical data trend for Cosco Shipping Development 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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Cosco Shipping Development Co Change In Receivables Chart

Cosco Shipping Development Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-362.63

-3,150.56

5,482.22

2,052.65

-2,533.35

Cosco Shipping Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Cosco Shipping Development 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

Cosco Shipping Development Co (HKSE:02866) 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.

Cosco Shipping Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2011.708	/	5365.866	*	91
=	34.21

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

Cosco Shipping Development Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13407.268	-	103855.904	+	0.75 * 2011.708	+	0.5 * 3637.496
=	-87,121

Cosco Shipping Development Co Change In Receivables Related Terms

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Cosco Shipping Development Co (HKSE:02866) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cosco Shipping Development Co Ltd (HKSE:02866) » Definitions » Change In Receivables

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Traded in Other Exchanges

CITAY:USA CITAF:USA EZ5:Germany 601866:China

Address

Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127

Website

https://www.cscl.com.cn

COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

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