Hengli Industrial Development Group Co (SZSE:000622) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Hengli Industrial Development Group Co Change In Receivables?

Hengli Industrial Development Group Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Hengli Industrial Development Group Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Hengli Industrial Development Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-29.1 Mil. It means Hengli Industrial Development Group Co's Accounts Receivable increased by ¥29.1 Mil from Dec. 2022 to Dec. 2023 .

Hengli Industrial Development Group Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥52.0 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. Hengli Industrial Development Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 87.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hengli Industrial Development Group Co's liquidation value for the three months ended in Sep. 2024 was ¥-175.0 Mil.

Hengli Industrial Development Group Co Change In Receivables Historical Data

The historical data trend for Hengli Industrial Development 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.

* Premium members only.

Hengli Industrial Development Group Co Change In Receivables Chart

Hengli Industrial Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-47.96

-78.21

101.40

17.97

-29.06

Hengli Industrial Development Group Co Quarterly Data
	Dec19	Mar20	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															-	-	-	-	-

Hengli Industrial Development 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Hengli Industrial Development Group Co (SZSE:000622) 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.

Hengli Industrial Development Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	52.021	/	54.434	*	91
=	87.20

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

Hengli Industrial Development Group Co'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)
=	70.088	-	307.875	+	0.75 * 52.021	+	0.5 * 47.446
=	-175.0

Hengli Industrial Development Group Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hengli Industrial Development Group Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hengli Industrial Development Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hengli Industrial Development Group Co Ltd (SZSE:000622) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Room 301, Building 10, Cold Water Shop Neighborhood Committee, Lengshuipu Office, Yueyang Building, Hunan Province, Yueyang, CHN, 414000

Website

http://www.hlsyfzjt.com

Hengli Industrial Development Group Co Ltd is a diversified group of companies integrating auto parts, real estate management, high technology, investment management, and trade. The company is mainly engaged in the manufacturing of complete sets of equipment to produce automobile air conditioners in China. It is also equipped with air-conditioner, medium- and light-duty passenger car air conditioner, car air conditioner, truck and engineering vehicle air conditioner and special vehicle.

Hengli Industrial Development Group Co Headlines

No Headlines