Zhejiang Founder Motor Co (SZSE:002196) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Founder Motor Co Change In Receivables?

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

Zhejiang Founder Motor Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-299 Mil. It means Zhejiang Founder Motor Co's Accounts Receivable increased by ¥299 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Founder Motor Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥725 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. Zhejiang Founder Motor Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 136.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Founder Motor Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,569 Mil.

Zhejiang Founder Motor Co Change In Receivables Historical Data

The historical data trend for Zhejiang Founder Motor 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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Zhejiang Founder Motor Co Change In Receivables Chart

Zhejiang Founder Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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82.73

-13.67

-396.13

-196.08

-298.81

Zhejiang Founder Motor 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															-	-	-	-	-

Zhejiang Founder Motor 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.

Zhejiang Founder Motor Co (SZSE:002196) 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.

Zhejiang Founder Motor 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
=	724.934	/	486.046	*	91
=	136.10

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

Zhejiang Founder Motor 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)
=	502.212	-	2775.468	+	0.75 * 724.934	+	0.5 * 321.157
=	-1,569

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Zhejiang Founder Motor Co (SZSE:002196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Founder Motor Co Ltd (SZSE:002196) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 24 Tianning Industrial Zone, Lishui, Zhejiang, CHN, 323000

Website

http://www.fdm.com.cn

Zhejiang Founder Motor Co Ltd is a China-based company engaged in research and development, production and sale of micro special motors. The company is also specialized in energy-saving and new-energy vehicle drivetrains and automotive control systems. Its products include EV motors, automotive motors, energy vehicle motor drives, energy commercial vehicle drive systems, and car controls. The company's products are used in low-speed electric vehicles, light trucks, low-voltage electric vehicles, passenger cars and engineering vehicles.

Executives

Zhang Chi	Director
Niu Ming Kui	Executives
Yang Xiao Hong	Supervisors
Zhang Min	Directors, executives
Mou Jian	Secretary, Director
Weng Wei Wen	Director
Zhou Jian	Supervisors
Ma Bin Wu	Supervisors
Zheng Lian Ming	Independent director
Cai Jun Biao	Director
Mao Xiao Jian	Director
Shu Lin Yan	Securities Affairs Representative
Shen Hu	Supervisors
Liu Guo Ping	Director
Qian Jin	Director

Zhejiang Founder Motor Co (SZSE:002196) Headlines

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