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Shenzhen Tonge Group Co (SZSE:000090) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Shenzhen Tonge Group Co Change In Receivables?

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

Shenzhen Tonge Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,770 Mil. It means Shenzhen Tonge Group Co's Accounts Receivable increased by ¥1,770 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Tonge Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,500 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. Shenzhen Tonge Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Tonge Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-28,369 Mil.


Shenzhen Tonge Group Co Change In Receivables Historical Data

The historical data trend for Shenzhen Tonge 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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Shenzhen Tonge Group Co Change In Receivables Chart

Shenzhen Tonge 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 -2,847.24 -4,147.73 -6,981.60 -3,994.85 -1,770.44

Shenzhen Tonge 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 - - - - -

Shenzhen Tonge 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.


Shenzhen Tonge Group Co  (SZSE:000090) 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.

Shenzhen Tonge 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
=2500.214/2751.306*91
=82.92

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

Shenzhen Tonge 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)
=9401.261-52804.738+0.75 * 2500.214+0.5 * 26318.291
=-28,369

* 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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Shenzhen Tonge Group Co (SZSE:000090) Business Description

Traded in Other Exchanges
N/A
Address
No. 7058 Hongli West Road, City Administration Building, 7-8F, Futian District, Shenzhen, Guangdong, CHN, 518034
Shenzhen Tonge Group Co Ltd is an engineering and construction industry. The company is engaged in urban construction, comprehensive development, and urban services.
Executives
Jiang Jian Executives
Han De Hong Director
Xiao Jie An Supervisors
He Yun Wu Executives
Tong Qing Huo Director
Zhou Zhi Ming Supervisors
Lu Wei Hong Securities Affairs Representative
Li Zi Xiang Director
Fu Xiong Yi Executives
Wang Cheng Mei Supervisors
Jiang Yong Gui Directors, executives
Wei Zhi Executives
Yan Ji Pei Executives, supervisors
Xu Zhao Song Executives

Shenzhen Tonge Group Co (SZSE:000090) Headlines

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