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CIG Shanghai Co (SHSE:603083) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is CIG Shanghai Co Change In Receivables?

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

CIG Shanghai Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥474 Mil. It means CIG Shanghai Co's Accounts Receivable declined by ¥474 Mil from Dec. 2022 to Dec. 2023 .

CIG Shanghai Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥1,205 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. CIG Shanghai Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 109.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CIG Shanghai Co's liquidation value for the three months ended in Sep. 2024 was ¥-316 Mil.


CIG Shanghai Co Change In Receivables Historical Data

The historical data trend for CIG Shanghai 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.

CIG Shanghai Co Change In Receivables Chart

CIG Shanghai 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 184.80 163.14 -337.58 -727.83 473.54

CIG Shanghai 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 - - - - -

CIG Shanghai 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.


CIG Shanghai Co  (SHSE:603083) 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.

CIG Shanghai 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
=1205.039/1001.463*91
=109.80

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

CIG Shanghai 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)
=351.444-2407.914+0.75 * 1205.039+0.5 * 1674.163
=-316

* 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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CIG Shanghai Co Business Description

Traded in Other Exchanges
N/A
Address
2388 Chenhang Road, 5th Floor, Bullding 8, Minhan Disctrict, Shanghai, CHN, 201114
CIG Shanghai Co Ltd is an original development manufacturer of the carrier and enterprise-grade customer premise equipment. Its product offerings include wireless network equipment, smart home gateway products, telecom broadband terminals, and other products.
Executives
Hou Wen Chao senior management
Zhang Jie Director
Xie Chong Directors, senior managers
Li Xiong Ying senior management

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