Zhejiang Dingli Machinery Co (SHSE:603338) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Dingli Machinery Co Change In Receivables?

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

Zhejiang Dingli Machinery Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-468 Mil. It means Zhejiang Dingli Machinery Co's Accounts Receivable increased by ¥468 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Dingli Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,923 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 Dingli Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 183.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Dingli Machinery Co's liquidation value for the three months ended in Mar. 2024 was ¥1,934 Mil.

Zhejiang Dingli Machinery Co Change In Receivables Historical Data

The historical data trend for Zhejiang Dingli Machinery 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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Zhejiang Dingli Machinery Co Change In Receivables Chart

Zhejiang Dingli Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-204.57

109.75

-1,054.01

-704.54

-468.27

Zhejiang Dingli Machinery 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															-	-	-	-	-

Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co (SHSE:603338) 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 Dingli Machinery 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
=	2922.564	/	1451.856	*	91
=	183.68

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

Zhejiang Dingli Machinery 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)
=	4024.798	-	5311.185	+	0.75 * 2922.564	+	0.5 * 2057.632
=	1,934

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Zhejiang Dingli Machinery Co (SHSE:603338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhejiang Dingli Machinery Co Ltd (SHSE:603338) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No.1255, Baiyun South Road, Leidian Town, Deqing, CHN, 313219

Website

http://www.chinadinli.com

Zhejiang Dingli Machinery Co Ltd is engaged in research and development, manufacturing, sales and service of various types of aerial work platforms. The company's main products cover arm, scissor and mast type with self Walking control intelligence, safety and environmental protection, large coverage. Its products are mainly used in aircraft and shipbuilding and maintenance, construction and installation, roads, bridge construction, municipal engineering, storage supermarkets and other fields.

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