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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Sichuan Meifeng Chemical Industry Co Change In Receivables?

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

Sichuan Meifeng Chemical Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥108 Mil. It means Sichuan Meifeng Chemical Industry Co's Accounts Receivable declined by ¥108 Mil from Dec. 2022 to Dec. 2023 .

Sichuan Meifeng Chemical Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥75 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. Sichuan Meifeng Chemical Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sichuan Meifeng Chemical Industry Co's liquidation value for the three months ended in Mar. 2024 was ¥1,572 Mil.


Sichuan Meifeng Chemical Industry Co Change In Receivables Historical Data

The historical data trend for Sichuan Meifeng Chemical Industry 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.

Sichuan Meifeng Chemical Industry Co Change In Receivables Chart

Sichuan Meifeng Chemical Industry 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 1,076.74 -117.81 -478.61 -31.06 107.83

Sichuan Meifeng Chemical Industry 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 - - - - -

Sichuan Meifeng Chemical Industry 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.


Sichuan Meifeng Chemical Industry Co  (SZSE:000731) 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.

Sichuan Meifeng Chemical Industry 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
=74.578/861.535*91
=7.90

2. In Ben Graham's calculation of liquidation value, Sichuan Meifeng Chemical Industry Co's accounts receivable are only considered to be worth 75% of book value:

Sichuan Meifeng Chemical Industry 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)
=2416.63-1279.959+0.75 * 74.578+0.5 * 759.051
=1,572

* 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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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Section 1, Yuhua South Road, Sichuan Province, Deyang, CHN
Sichuan Meifeng Chemical Industry Co Ltd is a China-based chemical production enterprise. The chemical products offered by the company are urea, compound fertilizer, melamine, diesel exhaust gas treatment, nitric acid, ammonium nitrate, plastic-woven products and heavy-duty film packaging bags. Geographically operates through China.
Executives
Liu Zhi Gang Supervisors
Chen Rong Jiang Supervisors
Zhang Xiao Bin Director
Deng Da Lin Director
Liao Zhi Jun Supervisors
Cai Xing Fu Executives
Mao Kai Gui Supervisors
Fu Yong Director
Dong Wen De Supervisors
Chen Ping Directors, executives
Min Long Gang Director
Ding Wen Yi Supervisors
Liao Yong Fang Supervisors
Yang Jiu Yi Supervisors

Sichuan Meifeng Chemical Industry Co (SZSE:000731) Headlines

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