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Industrial Bank Co (SHSE:601166) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Industrial Bank Co Change In Receivables?

Industrial Bank Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Industrial Bank Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Industrial Bank Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-562,388 Mil. It means Industrial Bank Co's Accounts Receivable increased by ¥562,388 Mil from Dec. 2022 to Dec. 2023 .

Industrial Bank Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥0 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. Industrial Bank Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Industrial Bank Co's liquidation value for the three months ended in Sep. 2024 was ¥-8,557,360 Mil.


Industrial Bank Co Change In Receivables Historical Data

The historical data trend for Industrial Bank 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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Industrial Bank Co Change In Receivables Chart

Industrial Bank 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 -783,178.00 -671,038.00 -912,241.00 -976,485.00 -562,388.00

Industrial Bank Co 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 - - - - -

Industrial Bank 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 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.


Industrial Bank Co  (SHSE:601166) 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.

Industrial Bank Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/51053*91
=0.00

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

Industrial Bank Co'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)
=870534-9427894+0.75 * 0+0.5 * 0
=-8,557,360

* 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.


Industrial Bank Co Change In Receivables Related Terms

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Industrial Bank Co Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Jiangbin Middle Avenue, Industrial Bank Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350014
Industrial Bank was founded in 1988 and started as a regional bank in Fujian province. It has grown to become the second-largest joint-stock bank in China with more than CNY 10 trillion in assets as of December 2023. The bank offers a full range of commercial banking services. Its specialty is bank-bank cooperation. It also operates a proprietary "Yinyin platform" that offers complete financial service solutions to other financial institutions such as payments and settlements, wealth management, and technology output services.
Executives
Bao Luo Xi Er Director
Lai Fu Rong Supervisors
Li Wei Min Directors, senior managers
Chen Jin Guang Directors, senior managers
Jiang Yun Ming Supervisors
Tao Yi Ping Directors, senior managers
Lin Hua Director
Sun Xiong Peng senior management
Chen Xin Jian Directors, senior managers
Lin Teng Jiao Director
Xia Da Wei Supervisors
Xue He Feng senior management
Li Jian Supervisors
Lin Zhang Yi senior management

Industrial Bank Co Headlines

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