Concord New Energy Group (STU:HK51) Change In Receivables : €0.0 Mil (TTM As of Dec. 2023)

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What is Concord New Energy Group Change In Receivables?

Concord New Energy Group's change in receivables for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Concord New Energy Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Concord New Energy Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-66.0 Mil. It means Concord New Energy Group's Accounts Receivable increased by €66.0 Mil from Dec. 2022 to Dec. 2023 .

Concord New Energy Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €187.1 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. Concord New Energy Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 351.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Concord New Energy Group's liquidation value for the six months ended in Dec. 2023 was €-2,451.0 Mil.

Concord New Energy Group Change In Receivables Historical Data

The historical data trend for Concord New Energy Group'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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Concord New Energy Group Change In Receivables Chart

Concord New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-47.52

-76.75

-64.92

6.49

-66.01

Concord New Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Concord New Energy Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Concord New Energy Group (STU:HK51) 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.

Concord New Energy Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	187.144	/	97.21	*	91
=	351.34

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

Concord New Energy Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	333.901	-	2928.276	+	0.75 * 187.144	+	0.5 * 5.946
=	-2,451.0

Concord New Energy Group Change In Receivables Related Terms

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Concord New Energy Group (STU:HK51) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Concord New Energy Group Ltd (STU:HK51) » Definitions » Change In Receivables

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CWPWF:USA 00182:Hong Kong

Address

16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.cnegroup.com

Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.

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