Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Argus (Shanghai) Textile Chemicals Co Change In Receivables?

Argus (Shanghai) Textile Chemicals Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Argus (Shanghai) Textile Chemicals Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Argus (Shanghai) Textile Chemicals Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-47.1 Mil. It means Argus (Shanghai) Textile Chemicals Co's Accounts Receivable increased by ¥47.1 Mil from Dec. 2022 to Dec. 2023 .

Argus (Shanghai) Textile Chemicals Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥269.1 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. Argus (Shanghai) Textile Chemicals Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 113.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Argus (Shanghai) Textile Chemicals Co's liquidation value for the three months ended in Mar. 2024 was ¥62.7 Mil.

Argus (Shanghai) Textile Chemicals Co Change In Receivables Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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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Argus (Shanghai) Textile Chemicals Co Change In Receivables Chart

Argus (Shanghai) Textile Chemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.35

-2.37

-21.62

63.29

-47.10

Argus (Shanghai) Textile Chemicals 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															-	-	-	-	-

Argus (Shanghai) Textile Chemicals 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 ¥0.0 Mil.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) 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.

Argus (Shanghai) Textile Chemicals 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
=	269.061	/	217.125	*	91
=	113.08

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

Argus (Shanghai) Textile Chemicals 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)
=	132.135	-	465.574	+	0.75 * 269.061	+	0.5 * 388.772
=	62.7

Argus (Shanghai) Textile Chemicals Co Change In Receivables Related Terms

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Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812

Website

http://www.argus.net.cn

Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

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