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Jiangsu High Hope International Group (SHSE:600981) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Jiangsu High Hope International Group Change In Receivables?

Jiangsu High Hope International Group's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Jiangsu High Hope International Group's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Jiangsu High Hope International Group's change in receivables for the fiscal year that ended in Dec. 2023 was ¥216 Mil. It means Jiangsu High Hope International Group's Accounts Receivable declined by ¥216 Mil from Dec. 2022 to Dec. 2023 .

Jiangsu High Hope International Group's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥3,667 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. Jiangsu High Hope International Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 26.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangsu High Hope International Group's liquidation value for the three months ended in Sep. 2024 was ¥-7,427 Mil.


Jiangsu High Hope International Group Change In Receivables Historical Data

The historical data trend for Jiangsu High Hope International Group'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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Jiangsu High Hope International Group Change In Receivables Chart

Jiangsu High Hope International Group 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 369.30 45.31 -727.50 886.04 215.52

Jiangsu High Hope International Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Jiangsu High Hope International Group 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 Sep. 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.


Jiangsu High Hope International Group  (SHSE:600981) 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.

Jiangsu High Hope International Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3666.97/12847.537*91
=26.04

2. In Ben Graham's calculation of liquidation value, Jiangsu High Hope International Group's accounts receivable are only considered to be worth 75% of book value:

Jiangsu High Hope International Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7476.912-21337.76+0.75 * 3666.97+0.5 * 7367.414
=-7,427

* 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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Jiangsu High Hope International Group Business Description

Traded in Other Exchanges
N/A
Address
No. 91 Baiye Road, Jiangsu Province, Nanjing, CHN, 210002
Jiangsu High Hope International Group Corp imports and exports textile products, apparel, silk, and fashion accessories such as handbags, shoes, and hats.
Executives
Gu Song Tao Supervisors
Cao Hui Rong senior management
Fan Yun Tao senior management
Jiang Jin Hua Director
Fang Chun Ling Director
Liu Yu Zhang Director
Zhou Chun Shan senior management
Li Ning senior management
Zhu Lin Sheng senior management

Jiangsu High Hope International Group Headlines

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