Xinhuanet Co (SHSE:603888) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Xinhuanet Co Change In Receivables?

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

Xinhuanet Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1 Mil. It means Xinhuanet Co's Accounts Receivable increased by ¥1 Mil from Dec. 2022 to Dec. 2023 .

Xinhuanet Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥368 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. Xinhuanet Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 101.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xinhuanet Co's liquidation value for the three months ended in Mar. 2024 was ¥1,997 Mil.

Xinhuanet Co Change In Receivables Historical Data

The historical data trend for Xinhuanet 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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Xinhuanet Co Change In Receivables Chart

Xinhuanet Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-195.19

-19.51

-152.68

-139.34

-0.61

Xinhuanet 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															-	-	-	-	-

Xinhuanet 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.

Xinhuanet Co (SHSE:603888) 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.

Xinhuanet 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
=	367.598	/	331.694	*	91
=	101.13

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

Xinhuanet 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)
=	3179.594	-	1459.595	+	0.75 * 367.598	+	0.5 * 3.434
=	1,997

Xinhuanet Co Change In Receivables Related Terms

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Xinhuanet Co (SHSE:603888) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Xinhuanet Co Ltd (SHSE:603888) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 2, Beixing Road (East Section), 101, 1-5, Building 12, Daxing District, Beijing, CHN, 100162

Website

http://www.xinhuanet.com

Xinhuanet Co Ltd operates in the internet content and information industry. It owns and manages a news information service portals in China. Its business activities are divided into the following: online advertising, information services, website construction, technical services and mobile internet. Its online advertising business provides full-screen shrink, rear projection, streaming media and other forms of advertising. Its information services include multimedia information services and big data intelligent analysis services. The website construction and technical service business engage in website construction, content management and operation. The mobile internet business provides mobile internet content information services through text, images, voice, video and other forms.

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