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Digital China Group Co (SZSE:000034) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Digital China Group Co Change In Receivables?

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

Digital China Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-2,166 Mil. It means Digital China Group Co's Accounts Receivable increased by ¥2,166 Mil from Dec. 2022 to Dec. 2023 .

Digital China Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥12,539 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. Digital China Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Digital China Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-13,819 Mil.


Digital China Group Co Change In Receivables Historical Data

The historical data trend for Digital China Group 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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Digital China Group Co Change In Receivables Chart

Digital China Group 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 1,796.20 -403.61 -2,706.81 -2,154.02 -2,165.59

Digital China Group 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 - - - - -

Digital China Group 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.


Digital China Group Co  (SZSE:000034) 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.

Digital China Group 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
=12538.584/29271.539*91
=39.09

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

Digital China Group 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)
=5564.062-35516.098+0.75 * 12538.584+0.5 * 13458.476
=-13,819

* 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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Digital China Group Co (SZSE:000034) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Kefa Road, Yuehai Street, Building E1, Floor 11, Building 1, Financial Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 100085
Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.
Executives
Yang Ming Lang Executives
Liu Xin Secretary Dong
Lv Jing Executives
Xin Xin Director
Lu Ming Executives
Chen Zhen Kun Executives
Li Yan Executives
Han Zhi Min Executives
Ye Hai Qiang Executives
Hao Jun Cheng Executives
Zhou Li Da Executives
Wang Xiao Yan Director
Wu Hao Executives
Tang Kai Executives
Wang Ji Ye Secretary Dong

Digital China Group Co (SZSE:000034) Headlines

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