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Yangmei Chemical Co (SHSE:600691) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Yangmei Chemical Co Change In Receivables?

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

Yangmei Chemical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥370 Mil. It means Yangmei Chemical Co's Accounts Receivable declined by ¥370 Mil from Dec. 2022 to Dec. 2023 .

Yangmei Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥803 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. Yangmei Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Yangmei Chemical Co's liquidation value for the three months ended in Mar. 2024 was ¥-9,328 Mil.


Yangmei Chemical Co Change In Receivables Historical Data

The historical data trend for Yangmei Chemical 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.

Yangmei Chemical Co Change In Receivables Chart

Yangmei Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,105.41 -307.23 -538.61 -818.30 370.45

Yangmei Chemical 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Yangmei Chemical 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.

* 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.


Yangmei Chemical Co  (SHSE:600691) 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.

Yangmei Chemical 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
=802.944/2756.572*91
=26.58

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

Yangmei Chemical 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)
=5643.682-16720.249+0.75 * 802.944+0.5 * 2291.887
=-9,328

* 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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Yangmei Chemical Co (SHSE:600691) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Science and Technology Street, Yangmei Building, Shenyang Coal Science and Technology Building, Taiyuan, CHN, 030006
Yangmei Chemical Co Ltd operates in the chemical industry. The company's industrial layout covers four categories of agricultural chemicals, new chemicals, chemical equipment manufacturing, and chemical trade. The company's main products include: urea, methanol, ammonium bicarbonate , ammonium chloride, compound fertilizer, dimethyl ether, soda ash, melamine, concentrated nitric acid, dilute nitric acid, sodium nitrate, sodium nitrite, m-phenylenediamine, diaphragm caustic soda, ionic membrane caustic soda, polyvinyl chloride, liquid chlorine, n-butyl Chemical products such as aldehyde, isobutyraldehyde, octanol and hydrogen peroxide.
Executives
Du Dong Hai senior management

Yangmei Chemical Co (SHSE:600691) Headlines

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