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Jiangshu Zhongli Group Co (SZSE:002309) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Jiangshu Zhongli Group Co Change In Receivables?

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

Jiangshu Zhongli Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥368 Mil. It means Jiangshu Zhongli Group Co's Accounts Receivable declined by ¥368 Mil from Dec. 2022 to Dec. 2023 .

Jiangshu Zhongli Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥922 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. Jiangshu Zhongli Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangshu Zhongli Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-6,383 Mil.


Jiangshu Zhongli Group Co Change In Receivables Historical Data

The historical data trend for Jiangshu Zhongli 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.

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Jiangshu Zhongli Group Co Change In Receivables Chart

Jiangshu Zhongli 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 3,376.82 1,734.46 -81.35 1,259.59 368.00

Jiangshu Zhongli Group 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 - - - - -

Jiangshu Zhongli 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 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.


Jiangshu Zhongli Group Co  (SZSE:002309) 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.

Jiangshu Zhongli Group 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
=922.269/840.308*91
=100.15

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

Jiangshu Zhongli Group 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)
=581.208-8148.991+0.75 * 922.269+0.5 * 986.5
=-6,383

* 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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Jiangshu Zhongli Group Co (SZSE:002309) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Changkun Road, Changshu Southeast Development Zone, Jiangsu, Shajiatun, CHN
Jiangshu Zhongli Group Co Ltd is specialized in fiber optic cables and photovoltaic products, including fire-resistant flexible cables, copper conductors, cable compounds, optical cables, and marine cables.
Executives
Wang Wei Feng Directors, executives
Gong Yin Director
Zhan Zu Gen Director
Wang Bai Xing Director
Zhou Jian Xin Director
Shen Xun Xiang Executives
Chen Bo Han Executives
Cheng Xian Securities affairs representatives, executives, di
Hu Chang Qing Executives
Chen Xiao Yong Supervisors

Jiangshu Zhongli Group Co (SZSE:002309) Headlines

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