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Hisense Home Appliances Group Co (SZSE:000921) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Hisense Home Appliances Group Co Change In Receivables?

Hisense Home Appliances Group Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Hisense Home Appliances Group Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Hisense Home Appliances Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,837 Mil. It means Hisense Home Appliances Group Co's Accounts Receivable increased by ¥1,837 Mil from Dec. 2022 to Dec. 2023 .

Hisense Home Appliances Group Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥11,309 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. Hisense Home Appliances Group Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 41.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hisense Home Appliances Group Co's liquidation value for the three months ended in Jun. 2024 was ¥-20,748 Mil.


Hisense Home Appliances Group Co Change In Receivables Historical Data

The historical data trend for Hisense Home Appliances Group 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.

Hisense Home Appliances Group Co Change In Receivables Chart

Hisense Home Appliances Group 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 51.34 -2,240.23 613.38 -658.22 -1,837.17

Hisense Home Appliances Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Hisense Home Appliances Group 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 Jun. 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.


Hisense Home Appliances Group Co  (SZSE:000921) 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.

Hisense Home Appliances Group Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11309.189/25155.554*91
=41.02

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

Hisense Home Appliances Group Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=19153.381-51709.058+0.75 * 11309.189+0.5 * 6651.353
=-20,748

* 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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Hisense Home Appliances Group Co Business Description

Traded in Other Exchanges
Address
No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.
Executives
Tang Ye Guo Directors, executives
Fan Wei Supervisors
Dai Hui Zhong Director
Jia Shao Qian Directors, executives
Wang Zhi Gang Executives
Xiao Jian Lin Directors, executives
Wang Jiu Cun Executives

Hisense Home Appliances Group Co Headlines

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