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Haining China Leather Market Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Haining China Leather Market Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .
Haining China Leather Market Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-537 Mil. It means Haining China Leather Market Co's Accounts Receivable increased by ¥537 Mil from Dec. 2022 to Dec. 2023 .
Haining China Leather Market Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥69 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. Haining China Leather Market Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.53.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Haining China Leather Market Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,651 Mil.
The historical data trend for Haining China Leather Market 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.
Haining China Leather Market Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 322.51 | 242.40 | -142.95 | -383.69 | -537.33 |
Haining China Leather Market 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 | - | - | - | - | - |
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.
Haining China Leather Market Co (SZSE:002344) 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.
Haining China Leather Market 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 |
= | 68.805 | / | 266.848 | * | 91 |
= | 23.53 |
2. In Ben Graham's calculation of liquidation value, Haining China Leather Market Co's accounts receivable are only considered to be worth 75% of book value:
Haining China Leather Market 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) |
= | 1633.686 | - | 4805.628 | + | 0.75 * 68.805 | + | 0.5 * 938.682 |
= | -2,651 |
* 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.
Thank you for viewing the detailed overview of Haining China Leather Market Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhang Wei Qiang | Directors, executives | |
Huang Yong Qun | Supervisors | |
Yin Xiao Hong | Directors, executives | |
Zhang Guo Xing | Executives | |
Li Hong Liang | Supervisors | |
Ren You Fa | Directors, executives | |
Gu Ju Ying | Executives | |
Shen Guo Fu | Director | |
Li Zong Rong | Directors, executives | |
Cha Jia Lin | Executives | |
Qian Juan Ping | Directors, executives | |
Zha Jia Lin | Executives | |
Ling Jin Song | Supervisors |
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