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Flower King Eco-Engineering (SHSE:603007) Change In Receivables : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Flower King Eco-Engineering Change In Receivables?

Flower King Eco-Engineering's change in receivables for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Flower King Eco-Engineering's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Flower King Eco-Engineering's change in receivables for the fiscal year that ended in Dec. 2023 was ¥7.8 Mil. It means Flower King Eco-Engineering's Accounts Receivable declined by ¥7.8 Mil from Dec. 2022 to Dec. 2023 .

Flower King Eco-Engineering's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥243.9 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. Flower King Eco-Engineering's Days Sales Outstanding for the three months ended in Jun. 2024 was 2,563.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flower King Eco-Engineering's liquidation value for the three months ended in Jun. 2024 was ¥-1,668.0 Mil.


Flower King Eco-Engineering Change In Receivables Historical Data

The historical data trend for Flower King Eco-Engineering'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.

Flower King Eco-Engineering Change In Receivables Chart

Flower King Eco-Engineering 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 121.73 19.55 671.95 90.63 7.81

Flower King Eco-Engineering Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Flower King Eco-Engineering 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Flower King Eco-Engineering  (SHSE:603007) 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.

Flower King Eco-Engineering's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=243.881/8.68*91
=2,563.84

2. In Ben Graham's calculation of liquidation value, Flower King Eco-Engineering's accounts receivable are only considered to be worth 75% of book value:

Flower King Eco-Engineering's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.169-1906.466+0.75 * 243.881+0.5 * 86.823
=-1,668.0

* 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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Flower King Eco-Engineering Business Description

Traded in Other Exchanges
N/A
Address
No. 99 South Second Ring Roa, Jiangsu Province, Danyang, CHN, 212300
Flower King Eco-Engineering Inc, formerly Jiangsu Flowers King Horticulture Co Ltd is engaged in landscape design and construction of municipal services, tourist attractions, roads and real estate and other areas.
Executives
Cui Hong Bo senior management
He Wei Tao senior management
Xu Xu Sheng senior management
Xiao Jie Jun Director
Wei Jian Hong senior management
Lin Xiao Jun Director
Gu Jing senior management
Li Hong Bin Director
Xiao Jiao Jun Director

Flower King Eco-Engineering Headlines

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