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Jiugui Liquor Co (SZSE:000799) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Jiugui Liquor Co Change In Receivables?

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

Jiugui Liquor Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-82 Mil. It means Jiugui Liquor Co's Accounts Receivable increased by ¥82 Mil from Dec. 2022 to Dec. 2023 .

Jiugui Liquor Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥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. Jiugui Liquor Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiugui Liquor Co's liquidation value for the three months ended in Mar. 2024 was ¥1,594 Mil.


Jiugui Liquor Co Change In Receivables Historical Data

The historical data trend for Jiugui Liquor 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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Jiugui Liquor Co Change In Receivables Chart

Jiugui Liquor 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 49.31 -194.98 -133.25 279.82 -81.58

Jiugui Liquor 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 - - - - -

Jiugui Liquor 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.


Jiugui Liquor Co  (SZSE:000799) 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.

Jiugui Liquor 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
=0.479/493.905*91
=0.09

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

Jiugui Liquor 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)
=2006.154-1207.718+0.75 * 0.479+0.5 * 1589.704
=1,594

* 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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Jiugui Liquor Co (SZSE:000799) Business Description

Traded in Other Exchanges
N/A
Address
Luohe Street, Zhenwuying Village, Hunan province, Jishou, CHN, 410015
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.
Executives
Tang Zhen Yu Secretary Dong
Zheng Yi Directors, executives
Li Wen Sheng Executives
Hu Xiao Xi Executives
Wang Hao Director
Wang Zhe Executives
Zhao Chun Lei Executives
Wang Yan Ru Independent director
Han Dong Executives
Yang Jian Jun Executives
Yang Bo Director

Jiugui Liquor Co (SZSE:000799) Headlines

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