Pu'er Lancang Ancient Tea Co (HKSE:06911) Change In Receivables : HK$0.0 Mil (TTM As of Jun. 2024)

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What is Pu'er Lancang Ancient Tea Co Change In Receivables?

Pu'er Lancang Ancient Tea Co's change in receivables for the quarter that ended in Jun. 2024 was HK$0.0 Mil. It means Pu'er Lancang Ancient Tea Co's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Pu'er Lancang Ancient Tea Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-46.7 Mil. It means Pu'er Lancang Ancient Tea Co's Accounts Receivable increased by HK$46.7 Mil from Dec. 2022 to Dec. 2023 .

Pu'er Lancang Ancient Tea Co's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$79.8 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. Pu'er Lancang Ancient Tea Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 69.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pu'er Lancang Ancient Tea Co's liquidation value for the six months ended in Jun. 2024 was HK$20.3 Mil.

Pu'er Lancang Ancient Tea Co Change In Receivables Historical Data

The historical data trend for Pu'er Lancang Ancient Tea 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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Pu'er Lancang Ancient Tea Co Change In Receivables Chart

Pu'er Lancang Ancient Tea Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

8.63

-27.16

-11.56

-46.69

Pu'er Lancang Ancient Tea Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial			9.73	-20.83	-	-	-

Pu'er Lancang Ancient Tea 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Pu'er Lancang Ancient Tea Co (HKSE:06911) 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.

Pu'er Lancang Ancient Tea Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	79.833	/	210.066	*	91
=	69.36

2. In Ben Graham's calculation of liquidation value, Pu'er Lancang Ancient Tea Co's accounts receivable are only considered to be worth 75% of book value:

Pu'er Lancang Ancient Tea Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	178.796	-	707.593	+	0.75 * 79.833	+	0.5 * 978.434
=	20.3

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Pu'er Lancang Ancient Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pu'er Lancang Ancient Tea Co Ltd (HKSE:06911) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN

Website

http://www.lcgc.cn

Pu'er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing, and sales of tea products, primarily Pu'er tea products, in China. The Company also engaged in the production of tea products, food production and sales.

Executives

China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin	2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua	2301 Trustee
Wang Chen	2201 Interest of corporation controlled by you
Zhang Liang	2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si	2101 Beneficial owner
Wang Chunyu	2101 Beneficial owner

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