Zhejiang Zhenyuan Share Co (SZSE:000705) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Zhenyuan Share Co Change In Receivables?

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

Zhejiang Zhenyuan Share Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥222 Mil. It means Zhejiang Zhenyuan Share Co's Accounts Receivable declined by ¥222 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Zhenyuan Share Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥682 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. Zhejiang Zhenyuan Share Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Zhenyuan Share Co's liquidation value for the three months ended in Mar. 2024 was ¥257 Mil.

Zhejiang Zhenyuan Share Co Change In Receivables Historical Data

The historical data trend for Zhejiang Zhenyuan Share 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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Zhejiang Zhenyuan Share Co Change In Receivables Chart

Zhejiang Zhenyuan Share Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-35.15

-1.03

-108.37

-261.04

221.79

Zhejiang Zhenyuan Share 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															-	-	-	-	-

Zhejiang Zhenyuan Share 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.

Zhejiang Zhenyuan Share Co (SZSE:000705) 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.

Zhejiang Zhenyuan Share 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
=	681.851	/	1044.651	*	91
=	59.56

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

Zhejiang Zhenyuan Share 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)
=	500.826	-	1078.018	+	0.75 * 681.851	+	0.5 * 645.754
=	257

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Zhejiang Zhenyuan Share Co (SZSE:000705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Zhejiang Zhenyuan Share Co Ltd (SZSE:000705) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 289 Jiefang North Road, Zhejiang Province, Shaoxing, CHN, 312000

Website

http://www.zjzy.com

Zhejiang Zhenyuan Share Co Ltd is a China based pharmaceutical company. It is engaged in the engaged in the production and operation of proprietary Chinese medicines, Chinese herbal medicines, Chinese herbal medicines, chemical preparations, chemical raw materials, biochemical drugs, narcotic drugs, psychotropic drugs, medical devices, chemical reagent and others. Further, the firm's business scope covers the pharmaceutical industry, pharmaceutical business, pharmaceutical logistics and health service industry. It holds presence in both Chinese and international market.

Executives

Zhang Yan Na	Supervisors
Wu Hai Ming	Director
Chen Fu Gen	Directors, executives
Wei Min	Executives
He Yi Qiang	Directors, executives
Dong Jin Biao	Supervisors
Xuan Le Xin	Supervisors
Jiang Guan Gen	Supervisors
Song Yi Ting	Directors, executives
Li Cheng Hua	Executives
He Yu Long	Directors, executives
Li Yang	Executives
Ruan Jian Chang	Director
Jin Ming Hua	Executives
Zhou Qian Li	Secretary Dong

Zhejiang Zhenyuan Share Co (SZSE:000705) Headlines

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