Wuliangye Yibin Co (SZSE:000858) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Wuliangye Yibin Co Change In Receivables?

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

Wuliangye Yibin Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥14,310 Mil. It means Wuliangye Yibin Co's Accounts Receivable declined by ¥14,310 Mil from Dec. 2022 to Dec. 2023 .

Wuliangye Yibin Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥167 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. Wuliangye Yibin Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wuliangye Yibin Co's liquidation value for the three months ended in Mar. 2024 was ¥90,469 Mil.

Wuliangye Yibin Co Change In Receivables Historical Data

The historical data trend for Wuliangye Yibin 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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Wuliangye Yibin Co Change In Receivables Chart

Wuliangye Yibin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2,354.60

-2,121.90

-5,010.65

-3,969.47

14,309.80

Wuliangye Yibin 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															-	-	-	-	-

Wuliangye Yibin 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.

Wuliangye Yibin Co (SZSE:000858) 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.

Wuliangye Yibin 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
=	166.566	/	34832.907	*	91
=	0.44

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

Wuliangye Yibin 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)
=	115826.046	-	33625.333	+	0.75 * 166.566	+	0.5 * 16286.46
=	90,469

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Wuliangye Yibin Co (SZSE:000858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007

Website

http://www.wuliangye.com.cn

Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

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