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Xiandai Investment Co (SZSE:000900) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Xiandai Investment Co Change In Receivables?

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

Xiandai Investment Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-233 Mil. It means Xiandai Investment Co's Accounts Receivable increased by ¥233 Mil from Dec. 2022 to Dec. 2023 .

Xiandai Investment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥345 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. Xiandai Investment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xiandai Investment Co's liquidation value for the three months ended in Mar. 2024 was ¥-39,452 Mil.


Xiandai Investment Co Change In Receivables Historical Data

The historical data trend for Xiandai Investment 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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Xiandai Investment Co Change In Receivables Chart

Xiandai Investment 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 -564.49 50.71 46.24 -350.53 -232.71

Xiandai Investment 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 - - - - -

Xiandai Investment 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.


Xiandai Investment Co  (SZSE:000900) 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.

Xiandai Investment 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
=345.189/1467.514*91
=21.46

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

Xiandai Investment 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)
=4058.994-44153.837+0.75 * 345.189+0.5 * 768.143
=-39,452

* 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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Xiandai Investment Co (SZSE:000900) Business Description

Traded in Other Exchanges
N/A
Address
Furong South Road, Modern Plaza, No. 128, Section 2, Tianxin District, Hunan, Changsha, CHN, 410004
Xiandai Investment Co Ltd constructs operates and manages highway in China. The company is also involved in futures trading, finance investment and real estate activities.
Executives
Chen Min Supervisors
Du Ming Hui Executives
Yuan Yu Director
Yan Ru Yi Executives
Bao Qun Director
Zhang Ning Executives
Liu Zhong Supervisors
Ma Yu Guo Secretary Dong
Jin Yong Director
Xiao He Sheng Supervisors
Liu Gui Liang Director
Song Wei Jie Director
Liu Yu Xin Executives
Tian Ying Ming Supervisors
Liu Chu Ping Directors, executives

Xiandai Investment Co (SZSE:000900) Headlines

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