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Zhejiang Wanliyang Co (SZSE:002434) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Zhejiang Wanliyang Co Change In Receivables?

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

Zhejiang Wanliyang Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-118 Mil. It means Zhejiang Wanliyang Co's Accounts Receivable increased by ¥118 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Wanliyang Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,314 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 Wanliyang Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 98.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Wanliyang Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,575 Mil.


Zhejiang Wanliyang Co Change In Receivables Historical Data

The historical data trend for Zhejiang Wanliyang 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 Wanliyang Co Change In Receivables Chart

Zhejiang Wanliyang 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 -1,647.58 -201.11 -67.48 -545.73 -117.54

Zhejiang Wanliyang 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 - - - - -

Zhejiang Wanliyang 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.


Zhejiang Wanliyang Co  (SZSE:002434) 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 Wanliyang 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
=1314.382/1217.67*91
=98.50

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

Zhejiang Wanliyang 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)
=932.407-5072.693+0.75 * 1314.382+0.5 * 1159.883
=-2,575

* 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 Wanliyang Co (SZSE:002434) Business Description

Traded in Other Exchanges
N/A
Address
Liuhe Cloud Mansion, 5th Building, Cloud Town Xihu District, Zhejiang Province, Hangzhou, CHN
Zhejiang Wanliyang Co Ltd is mainly engaged in the manufacture and distribution of automobile transmissions in China. Its products cover transmissions for all kinds of commercial vehicles, including logistics transportation trucks, low-speed heavy-duty dumpers, buses, municipal vehicles, school buses, and pickups. The company's customers include BAIC Foton, Dongfeng Motor, Sinotruk, Faw Group, JMC, Yutong Bus, Hyundai Motor and other automobile OEMs.

Zhejiang Wanliyang Co (SZSE:002434) Headlines

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