Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Zhejiang Guyuelongshan Shaoxing Wine Co Change In Receivables?

Zhejiang Guyuelongshan Shaoxing Wine Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Zhejiang Guyuelongshan Shaoxing Wine Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Zhejiang Guyuelongshan Shaoxing Wine Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-118 Mil. It means Zhejiang Guyuelongshan Shaoxing Wine Co's Accounts Receivable increased by ¥118 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Guyuelongshan Shaoxing Wine Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥204 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. Zhejiang Guyuelongshan Shaoxing Wine Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Guyuelongshan Shaoxing Wine Co's liquidation value for the three months ended in Mar. 2024 was ¥2,423 Mil.

Zhejiang Guyuelongshan Shaoxing Wine Co Change In Receivables Historical Data

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine 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.

* Premium members only.

Zhejiang Guyuelongshan Shaoxing Wine Co Change In Receivables Chart

Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-11.23

-12.40

5.04

42.32

-117.68

Zhejiang Guyuelongshan Shaoxing Wine 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															-	-	-	-	-

Zhejiang Guyuelongshan Shaoxing Wine 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 ¥0 Mil.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) 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.

Zhejiang Guyuelongshan Shaoxing Wine 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
=	203.987	/	567.227	*	91
=	32.82

2. In Ben Graham's calculation of liquidation value, Zhejiang Guyuelongshan Shaoxing Wine Co's accounts receivable are only considered to be worth 75% of book value:

Zhejiang Guyuelongshan Shaoxing Wine 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)
=	2042.819	-	715.431	+	0.75 * 203.987	+	0.5 * 1885.83
=	2,423

Zhejiang Guyuelongshan Shaoxing Wine Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Zhejiang Guyuelongshan Shaoxing Wine Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (SHSE:600059) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000

Website

http://www.shaoxingwine.com.cn

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Headlines

No Headlines