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Qinglong Pipes Industry Group Co (SZSE:002457) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


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What is Qinglong Pipes Industry Group Co Change In Receivables?

Qinglong Pipes Industry Group Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Qinglong Pipes Industry Group Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Qinglong Pipes Industry Group Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-368 Mil. It means Qinglong Pipes Industry Group Co's Accounts Receivable increased by ¥368 Mil from Dec. 2023 to Dec. 2024 .

Qinglong Pipes Industry Group Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥1,533 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. Qinglong Pipes Industry Group Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 495.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qinglong Pipes Industry Group Co's liquidation value for the three months ended in Mar. 2025 was ¥200 Mil.


Qinglong Pipes Industry Group Co Change In Receivables Historical Data

The historical data trend for Qinglong Pipes Industry 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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Qinglong Pipes Industry Group Co Change In Receivables Chart

Qinglong Pipes Industry Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -130.42 -472.80 -205.25 51.51 -368.04

Qinglong Pipes Industry Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Qinglong Pipes Industry 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. 2025 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.


Qinglong Pipes Industry Group Co  (SZSE:002457) 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.

Qinglong Pipes Industry Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1533.289/282.213*91
=495.77

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

Qinglong Pipes Industry Group Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=443.26-1754.381+0.75 * 1533.289+0.5 * 722.843
=200

* 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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Qinglong Pipes Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Yuehai Road, 11-13th Floor, Ningxia Water Conservancy Research and Development Building, Ningxia Hui Autonomous Region, Jinfeng District, Yinchuan, CHN, 750002
Qinglong Pipes Industry Group Co Ltd engages in the research and development, production, sales and installation services of various mainstream water supply and drainage pipeline products, pipeline corridors, water-saving irrigation products, gas pipelines, new energy-saving heating pipelines and supporting pipe fittings for the above products, as well as the provision of overall water-saving solutions.
Executives
Ren Zhi Chao Supervisors
Huang Yan Qing Directors, executives
Ma Yue Director
Liu Ling Yun Directors, executives
Du Xue Zhi Director
Wang Ping Director
Chen Jia Xing Director
Lu Li Xin Director
Li Hao Executives
Luan Xin Xiang Director
Fang Ji Liang Supervisors
Wang Li Directors, executives
Li Qian Supervisors
Fan Ren Ping Securities Affairs Representative
Xiao Jing Ning Supervisors

Qinglong Pipes Industry Group Co Headlines

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