Zhejiang Longsheng Group Co (SHSE:600352) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Longsheng Group Co Change In Receivables?

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

Zhejiang Longsheng Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥550 Mil. It means Zhejiang Longsheng Group Co's Accounts Receivable declined by ¥550 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Longsheng Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,265 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 Longsheng Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Longsheng Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,580 Mil.

Zhejiang Longsheng Group Co Change In Receivables Historical Data

The historical data trend for Zhejiang Longsheng 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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Zhejiang Longsheng Group Co Change In Receivables Chart

Zhejiang Longsheng Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-768.96

-637.77

-448.00

24.97

550.46

Zhejiang Longsheng Group 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 Longsheng 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Zhejiang Longsheng Group Co (SHSE:600352) 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 Longsheng Group 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
=	2265.27	/	3486.752	*	91
=	59.28

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

Zhejiang Longsheng Group 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)
=	20593.502	-	39584.959	+	0.75 * 2265.27	+	0.5 * 29424.832
=	-2,580

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Zhejiang Longsheng Group Co (SHSE:600352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Longsheng Group Co Ltd (SHSE:600352) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Daoxu Town, Shangyu District, Zhejiang Province, Shangyu, CHN, 312368

Website

http://www.longsheng.com

Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. It is also involved in the real estate business. The company operates in the business segments of Chemicals, Real Estate, Autoparts, Financial Investment and Others. In the Chemical segment, the product range covers textile chemicals, construction chemicals, fine chemical intermediates, inorganic chemicals and others. In Autoparts segment, the Company focuses on development, production, and sales of auto parts, sales of steel and logistics.

Executives

Zhou Zheng Nan	Director
Yao Jian Fang	Director
Gong Han	Director
Ruan Xing Xiang	Director
Luo Bin	Director
Ruan Wei Xiang	Director
Ruan Xiao Yun	Supervisors
Xiang Zhi Feng	Director
Wang Yong	Supervisors
Xiang Zhi Feng	Director
He Xu Bin	senior management
Ou Qi	senior management
Chang Sheng	Director
Chen Yong Yao	senior management
Jiang Huo Biao	senior management

Zhejiang Longsheng Group Co (SHSE:600352) Headlines

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