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Zhejiang Wanfeng Chemical Co (SHSE:603172) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)


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What is Zhejiang Wanfeng Chemical Co Change In Receivables?

Zhejiang Wanfeng Chemical Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means Zhejiang Wanfeng Chemical Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Zhejiang Wanfeng Chemical Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-87.6 Mil. It means Zhejiang Wanfeng Chemical Co's Accounts Receivable increased by ¥87.6 Mil from Dec. 2023 to Dec. 2024 .

Zhejiang Wanfeng Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥148.8 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. Zhejiang Wanfeng Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 111.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Wanfeng Chemical Co's liquidation value for the three months ended in Mar. 2025 was ¥332.5 Mil.


Zhejiang Wanfeng Chemical Co Change In Receivables Historical Data

The historical data trend for Zhejiang Wanfeng Chemical 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.

Zhejiang Wanfeng Chemical Co Change In Receivables Chart

Zhejiang Wanfeng Chemical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -41.66 -38.85 -31.17 -43.50 -87.63

Zhejiang Wanfeng Chemical Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Zhejiang Wanfeng Chemical 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. 2025 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.


Zhejiang Wanfeng Chemical Co  (SHSE:603172) 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.

Zhejiang Wanfeng Chemical Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=148.807/121.965*91
=111.33

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

Zhejiang Wanfeng Chemical Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=444.01-357.502+0.75 * 148.807+0.5 * 268.717
=332.5

* 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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Zhejiang Wanfeng Chemical Co Business Description

Traded in Other Exchanges
N/A
Address
Xiner Village, Ma'an Town, Keqiao District, Zhejiang, Shaoxing, CHN
Zhejiang Wanfeng Chemical Co Ltd is a national high-tech enterprise specializing in research, Development, production and sales of high-end disperse dyes. The company's main industry is disperse dyes, with an annual production capacity of approximately 10,000 tons, which are used for the dyeing and printing of polyester and its blended fabrics. The high-washing series of disperse dyes is the company's superior product, which has strong market competitiveness and is widely used in the fabrics of major outdoor sports brands. It has become one of the industry's benchmark products in the field of high-end outdoor sportswear.

Zhejiang Wanfeng Chemical Co Headlines

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