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Tungkong (SZSE:002117) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Tungkong Change In Receivables?

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

Tungkong's change in receivables for the fiscal year that ended in Dec. 2023 was ¥29 Mil. It means Tungkong's Accounts Receivable declined by ¥29 Mil from Dec. 2022 to Dec. 2023 .

Tungkong's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥324 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. Tungkong's Days Sales Outstanding for the three months ended in Jun. 2024 was 107.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tungkong's liquidation value for the three months ended in Jun. 2024 was ¥216 Mil.


Tungkong Change In Receivables Historical Data

The historical data trend for Tungkong'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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Tungkong Change In Receivables Chart

Tungkong 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 114.56 -86.90 -160.93 -63.09 28.93

Tungkong 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 - - - - -

Tungkong 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.


Tungkong  (SZSE:002117) 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.

Tungkong's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=323.706/275.954*91
=107.04

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

Tungkong'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)
=528.056-606.896+0.75 * 323.706+0.5 * 104.172
=216

* 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.


Tungkong Change In Receivables Related Terms

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Tungkong Business Description

Traded in Other Exchanges
N/A
Address
No.23, Shanda Northern Road, Jinan, Shandong, CHN, 250100
Tungkong Inc is a China-based company engages in the manufactures and sale of business papers, commercial printing, and other papers products. The company's business scope covers ticket and security printing, label printing, data processing, smart card converting. Its products include Card, Data Service, among others.
Executives
Qi Li Guo Directors, executives
Zhang Li Supervisors
Zheng Li Executives
Liu Hong Executives
Wang Xiao Yan Supervisors
Ruan Yong Cheng Securities Affairs Representative
Zhu Zhen Executives
Li Bao Zheng Supervisors
Zheng Gang Independent director
Zhou Ping Director
Gu Wang Jiang Director
Shi Lin Director

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