Huangshan Novel Co (SZSE:002014) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Huangshan Novel Co Change In Receivables?

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

Huangshan Novel Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-53 Mil. It means Huangshan Novel Co's Accounts Receivable increased by ¥53 Mil from Dec. 2022 to Dec. 2023 .

Huangshan Novel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥596 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. Huangshan Novel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huangshan Novel Co's liquidation value for the three months ended in Mar. 2024 was ¥324 Mil.

Huangshan Novel Co Change In Receivables Historical Data

The historical data trend for Huangshan Novel 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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Huangshan Novel Co Change In Receivables Chart

Huangshan Novel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.57

-0.60

-115.61

23.84

-52.92

Huangshan Novel 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															-	-	-	-	-

Huangshan Novel 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.

Huangshan Novel Co (SZSE:002014) 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.

Huangshan Novel 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
=	596.26	/	834.978	*	91
=	65.16

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

Huangshan Novel 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)
=	1362.434	-	1625.2	+	0.75 * 596.26	+	0.5 * 278.605
=	324

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Huangshan Novel Co (SZSE:002014) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huangshan Novel Co Ltd (SZSE:002014) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188, Huizhou East Road, Huizhou District, Anhui Province, Huangshan, CHN, 245900

Website

http://www.novel.com.cn

Huangshan Novel Co Ltd is a China-based company manufactures and sells packaging materials. It specializes in plastic color-printing and laminating flexible packaging materials, vacuum metalized films and multi-functional films. Its products are used in foodstuff, daily chemicals, pharmaceutical, agrochemicals, electronics, building materials and other fields. Geographically, the company sells its product in Chinese and other international markets such as Europe, America, Mexico, Japan, the Middle East and Asia.

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