GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hanhe Cable Co Ltd (SZSE:002498) » Definitions » Change In Receivables

Qingdao Hanhe Cable Co (SZSE:002498) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Qingdao Hanhe Cable Co Change In Receivables?

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

Qingdao Hanhe Cable Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥170 Mil. It means Qingdao Hanhe Cable Co's Accounts Receivable declined by ¥170 Mil from Dec. 2022 to Dec. 2023 .

Qingdao Hanhe Cable Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,480 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. Qingdao Hanhe Cable Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 177.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qingdao Hanhe Cable Co's liquidation value for the three months ended in Mar. 2024 was ¥2,449 Mil.


Qingdao Hanhe Cable Co Change In Receivables Historical Data

The historical data trend for Qingdao Hanhe Cable 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.

* Premium members only.

Qingdao Hanhe Cable Co Change In Receivables Chart

Qingdao Hanhe Cable 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 -208.87 -11.11 -1,702.59 -389.26 169.71

Qingdao Hanhe Cable 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 - - - - -

Qingdao Hanhe Cable 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.


Qingdao Hanhe Cable Co  (SZSE:002498) 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.

Qingdao Hanhe Cable 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
=3480.428/1785.978*91
=177.82

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

Qingdao Hanhe Cable 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)
=1506.067-2488.19+0.75 * 3480.428+0.5 * 1641.104
=2,449

* 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.


Qingdao Hanhe Cable Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Qingdao Hanhe Cable Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

Qingdao Hanhe Cable Co (SZSE:002498) Headlines

No Headlines