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Zoy Home Furnishing Co (SHSE:603709) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Zoy Home Furnishing Co Change In Receivables?

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

Zoy Home Furnishing Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-113 Mil. It means Zoy Home Furnishing Co's Accounts Receivable increased by ¥113 Mil from Dec. 2022 to Dec. 2023 .

Zoy Home Furnishing Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥160 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. Zoy Home Furnishing Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zoy Home Furnishing Co's liquidation value for the three months ended in Mar. 2024 was ¥-431 Mil.


Zoy Home Furnishing Co Change In Receivables Historical Data

The historical data trend for Zoy Home Furnishing 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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Zoy Home Furnishing Co Change In Receivables Chart

Zoy Home Furnishing 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 -67.19 -28.05 68.67 21.78 -113.10

Zoy Home Furnishing 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 - - - - -

Zoy Home Furnishing 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.


Zoy Home Furnishing Co  (SHSE:603709) 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.

Zoy Home Furnishing 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
=159.687/347.273*91
=41.96

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

Zoy Home Furnishing 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)
=92.951-756.181+0.75 * 159.687+0.5 * 223.996
=-431

* 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.


Zoy Home Furnishing Co Change In Receivables Related Terms

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Zoy Home Furnishing Co (SHSE:603709) Business Description

Traded in Other Exchanges
N/A
Address
Tangpu Industrial Park, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zoy Home Furnishing Co Ltd manufactures and markets furniture. The Company designs, produces, and sells ordinary and ergonomic sofas, and other related products. The company's products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs.

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