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Guangdong Golden Dragon Development (SZSE:000712) Change In Receivables : ¥0.00 Mil (TTM As of Mar. 2024)


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What is Guangdong Golden Dragon Development Change In Receivables?

Guangdong Golden Dragon Development's change in receivables for the quarter that ended in Mar. 2024 was ¥0.00 Mil. It means Guangdong Golden Dragon Development's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Guangdong Golden Dragon Development's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-185.95 Mil. It means Guangdong Golden Dragon Development's Accounts Receivable increased by ¥185.95 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Golden Dragon Development's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Golden Dragon Development's liquidation value for the three months ended in Mar. 2024 was ¥-8,104.86 Mil.


Guangdong Golden Dragon Development Change In Receivables Historical Data

The historical data trend for Guangdong Golden Dragon Development'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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Guangdong Golden Dragon Development Change In Receivables Chart

Guangdong Golden Dragon Development 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 31.18 293.20 -2.90 749.86 -185.95

Guangdong Golden Dragon Development 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 - - - - -

Guangdong Golden Dragon Development 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 ¥0.00 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.


Guangdong Golden Dragon Development  (SZSE:000712) 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.

Guangdong Golden Dragon Development's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-14.939*91
=

2. In Ben Graham's calculation of liquidation value, Guangdong Golden Dragon Development's accounts receivable are only considered to be worth 75% of book value:

Guangdong Golden Dragon Development'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)
=8938.186-17043.045+0.75 * 0+0.5 * 0
=-8,104.86

* 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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Guangdong Golden Dragon Development (SZSE:000712) Business Description

Traded in Other Exchanges
N/A
Address
66 Yanshen Dongshen Second Road, Unit 03, 19 / F, Building S3, Tianan Digital City, Fenggang Town, Guangdong Province, Dongguan, CHN, 511518
Guangdong Golden Dragon Development Inc is a China-based company. It is engaged in Equity investment, investment consulting and management, and business management consulting services. The company generates its revenue from commission income and investment income among others.
Executives
Lan Yong Qiang Director
Liu Wei Wen Directors, executives
Yang Tian Shu Supervisors
Ceng Kun Lin Director
Zhang Dan Dan Directors, Directors, and Executives
Zhang Hai Mei Directors, executives
Yang Zhi Mao Director
Huang Wei Cheng Director
Huang Ju Xiang Directors, executives

Guangdong Golden Dragon Development (SZSE:000712) Headlines

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