Guizhou Zhenhua E-chem (SHSE:688707) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)

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What is Guizhou Zhenhua E-chem Change In Receivables?

Guizhou Zhenhua E-chem's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Guizhou Zhenhua E-chem's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Guizhou Zhenhua E-chem's change in receivables for the fiscal year that ended in Dec. 2023 was ¥2,623 Mil. It means Guizhou Zhenhua E-chem's Accounts Receivable declined by ¥2,623 Mil from Dec. 2022 to Dec. 2023 .

Guizhou Zhenhua E-chem's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥819 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. Guizhou Zhenhua E-chem's Days Sales Outstanding for the three months ended in Sep. 2024 was 153.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guizhou Zhenhua E-chem's liquidation value for the three months ended in Sep. 2024 was ¥-119 Mil.

Guizhou Zhenhua E-chem Change In Receivables Historical Data

The historical data trend for Guizhou Zhenhua E-chem'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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Guizhou Zhenhua E-chem Change In Receivables Chart

Guizhou Zhenhua E-chem Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-111.01

-173.94

-531.47

-511.94

2,623.40

Guizhou Zhenhua E-chem Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Guizhou Zhenhua E-chem 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Guizhou Zhenhua E-chem (SHSE:688707) 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.

Guizhou Zhenhua E-chem's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	819.152	/	487.004	*	91
=	153.48

2. In Ben Graham's calculation of liquidation value, Guizhou Zhenhua E-chem's accounts receivable are only considered to be worth 75% of book value:

Guizhou Zhenhua E-chem's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2037.574	-	3341.407	+	0.75 * 819.152	+	0.5 * 1140.972
=	-119

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Guizhou Zhenhua E-chem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guizhou Zhenhua E-chem Inc (SHSE:688707) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 1, Gaokua Road, Baiyun District, Guizhou Province, Guiyang, CHN, 550016

Website

http://www.zh-echem.com

Guizhou Zhenhua E-chem Inc is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.

Executives

Zhou Chao Yi	Core technical personnel
Xiang Qian Xin	Directors, senior managers, core technical personn
Li Lu	Core technical personnel

Guizhou Zhenhua E-chem Headlines

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