Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Qinghai Huzhu TianYouDe Highland Barley Spirit Co Change In Receivables?

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥16 Mil. It means Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Accounts Receivable declined by ¥16 Mil from Dec. 2022 to Dec. 2023 .

Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥27 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. Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qinghai Huzhu TianYouDe Highland Barley Spirit Co's liquidation value for the three months ended in Mar. 2024 was ¥800 Mil.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Change In Receivables Historical Data

The historical data trend for Qinghai Huzhu TianYouDe Highland Barley Spirit 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Change In Receivables Chart

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

33.49

22.63

-4.87

-14.77

16.48

Qinghai Huzhu TianYouDe Highland Barley Spirit 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															-	-	-	-	-

Qinghai Huzhu TianYouDe Highland Barley Spirit 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) 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.

Qinghai Huzhu TianYouDe Highland Barley Spirit 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
=	26.681	/	526.134	*	91
=	4.63

2. In Ben Graham's calculation of liquidation value, Qinghai Huzhu TianYouDe Highland Barley Spirit Co's accounts receivable are only considered to be worth 75% of book value:

Qinghai Huzhu TianYouDe Highland Barley Spirit 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)
=	643.58	-	538.492	+	0.75 * 26.681	+	0.5 * 1349.013
=	800

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Qinghai Huzhu TianYouDe Highland Barley Spirit Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd (SZSE:002646) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 6 West Stree, Huzhu County, Qinghai Province, Weiyuan, CHN, 810500

Website

http://www.002646.com

Qinghai Huzhu TianYouDe Highland Barley Spirit Co Ltd is a China-based company operating in the liquor industry. The principal business activities of the company are research and development, production and sales of wine and alcoholic beverages. It specializes in Xizhu, Tianyoude, Ba Dafang, Yongqinghe, Shiyi De and many other series of barleywines, as well as the Maxwell brand.

Executives

Fan Wen Lai	Independent director
Guo Shou Ming	Director
Li Yin Hui	Directors, executives
Wang Zhao San	Directors, executives
Lu Yan	Supervisors

Qinghai Huzhu TianYouDe Highland Barley Spirit Co (SZSE:002646) Headlines

No Headlines