Luxin Venture Capital Group Co (SHSE:600783) Change In Receivables : ¥0.00 Mil (TTM As of Mar. 2024)

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What is Luxin Venture Capital Group Co Change In Receivables?

Luxin Venture Capital Group Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.00 Mil. It means Luxin Venture Capital Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Luxin Venture Capital Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥17.35 Mil. It means Luxin Venture Capital Group Co's Accounts Receivable declined by ¥17.35 Mil from Dec. 2022 to Dec. 2023 .

Luxin Venture Capital Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥23.35 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. Luxin Venture Capital Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luxin Venture Capital Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,603.32 Mil.

Luxin Venture Capital Group Co Change In Receivables Historical Data

The historical data trend for Luxin Venture Capital 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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Luxin Venture Capital Group Co Change In Receivables Chart

Luxin Venture Capital Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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113.69

1.97

31.08

36.85

17.35

Luxin Venture Capital 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															-	-	-	-	-

Luxin Venture Capital 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 ¥0.00 Mil.

Luxin Venture Capital Group Co (SHSE:600783) 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.

Luxin Venture Capital 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
=	23.347	/	16.66	*	91
=	127.88

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

Luxin Venture Capital 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)
=	1529.508	-	4157.629	+	0.75 * 23.347	+	0.5 * 14.589
=	-2,603.32

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Luxin Venture Capital Group Co (SHSE:600783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luxin Venture Capital Group Co Ltd (SHSE:600783) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

9999 Jingshi Road, Golden Times Square, 4th Floor, Block C, Jinan, CHN, 250101

Website

http://www.600783.cn

Luxin Venture Capital Group Co Ltd is a China-based venture capital company. It is engaged in the investment in industries such as advanced manufacturing, modern agriculture, and marine economy; strategic emerging industries such as information technology, energy conservation and environmental protection, new energy, new materials, biotechnology and high-end equipment manufacturing. It is also involved in the fund management business which includes government-managed investment funds and market-oriented self-investment funds.

Executives

Wang Xu Dong	Director
Zhang Yan Ming	Director

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