GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liqun Commercial Group Co Ltd (SHSE:601366) » Definitions » Change In Receivables

Liqun Commercial Group Co (SHSE:601366) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Liqun Commercial Group Co Change In Receivables?

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

Liqun Commercial Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥252 Mil. It means Liqun Commercial Group Co's Accounts Receivable declined by ¥252 Mil from Dec. 2022 to Dec. 2023 .

Liqun Commercial Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥280 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. Liqun Commercial Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Liqun Commercial Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-9,999 Mil.


Liqun Commercial Group Co Change In Receivables Historical Data

The historical data trend for Liqun Commercial 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.

* Premium members only.

Liqun Commercial Group Co Change In Receivables Chart

Liqun Commercial Group 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 -480.61 102.57 -702.62 180.22 252.44

Liqun Commercial 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 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 - - - - -

Liqun Commercial 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.

* 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.


Liqun Commercial Group Co  (SHSE:601366) 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.

Liqun Commercial 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
=279.559/2259.71*91
=11.29

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

Liqun Commercial 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)
=708.215-12092.414+0.75 * 279.559+0.5 * 2351.515
=-9,999

* 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.


Liqun Commercial Group Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Liqun Commercial Group Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Liqun Commercial Group Co (SHSE:601366) Business Description

Traded in Other Exchanges
N/A
Address
No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN
Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.
Executives
Lu Cui Rong senior management
Cao Li Juan Supervisors
Luo Jun senior management
Hu Pei Feng Directors, senior managers
Ding Lin Director
Wang Wen Directors, senior managers
Zhang Bing senior management
Xu De Cai Directors, senior managers
Zhang Yuan Shuang senior management

Liqun Commercial Group Co (SHSE:601366) Headlines

No Headlines