Tieling Newcity Investment Holding (Group) (SZSE:000809) Change In Receivables : ¥0.00 Mil (TTM As of Mar. 2024)

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What is Tieling Newcity Investment Holding (Group) Change In Receivables?

Tieling Newcity Investment Holding (Group)'s change in receivables for the quarter that ended in Mar. 2024 was ¥0.00 Mil. It means Tieling Newcity Investment Holding (Group)'s Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Tieling Newcity Investment Holding (Group)'s change in receivables for the fiscal year that ended in Dec. 2023 was ¥-96.85 Mil. It means Tieling Newcity Investment Holding (Group)'s Accounts Receivable increased by ¥96.85 Mil from Dec. 2022 to Dec. 2023 .

Tieling Newcity Investment Holding (Group)'s Accounts Receivable for the quarter that ended in Mar. 2024 was ¥20.46 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. Tieling Newcity Investment Holding (Group)'s Days Sales Outstanding for the three months ended in Mar. 2024 was 658.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tieling Newcity Investment Holding (Group)'s liquidation value for the three months ended in Mar. 2024 was ¥1,064.35 Mil.

Tieling Newcity Investment Holding (Group) Change In Receivables Historical Data

The historical data trend for Tieling Newcity Investment Holding (Group)'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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Tieling Newcity Investment Holding (Group) Change In Receivables Chart

Tieling Newcity Investment Holding (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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240.12

167.05

0.73

-5.61

-96.85

Tieling Newcity Investment Holding (Group) 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															-	-	-	-	-

Tieling Newcity Investment Holding (Group) 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.

Tieling Newcity Investment Holding (Group) (SZSE:000809) 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.

Tieling Newcity Investment Holding (Group)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.464	/	2.834	*	91
=	658.91

2. In Ben Graham's calculation of liquidation value, Tieling Newcity Investment Holding (Group)'s accounts receivable are only considered to be worth 75% of book value:

Tieling Newcity Investment Holding (Group)'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)
=	171.566	-	1144.754	+	0.75 * 20.464	+	0.5 * 4044.37
=	1,064.35

Tieling Newcity Investment Holding (Group) Change In Receivables Related Terms

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Tieling Newcity Investment Holding (Group) (SZSE:000809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tieling Newcity Investment Holding (Group) Ltd (SZSE:000809) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 12, Jinshajiang Road, Fanhe New District, Liaoning Province, Tieling, CHN, 112000

Website

http://www.tielingnewcity.com.cn

Tieling Newcity Investment Holding Ltd is a China-based company engaged in the land development projects. Its business activities include first-level development business and urban operations. The first-level development business division includes municipal infrastructure construction and land project development. And the urban operations division includes water supply, sewage treatment, taxi operations, and advertising media.

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