Guangdong Hongda Holdings Group Co (SZSE:002683) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)

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What is Guangdong Hongda Holdings Group Co Change In Receivables?

Guangdong Hongda Holdings Group Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Guangdong Hongda Holdings Group Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Guangdong Hongda Holdings Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-375 Mil. It means Guangdong Hongda Holdings Group Co's Accounts Receivable increased by ¥375 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Hongda Holdings Group Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥3,224 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. Guangdong Hongda Holdings Group Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 78.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Hongda Holdings Group Co's liquidation value for the three months ended in Sep. 2024 was ¥-4,964 Mil.

Guangdong Hongda Holdings Group Co Change In Receivables Historical Data

The historical data trend for Guangdong Hongda Holdings 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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Guangdong Hongda Holdings Group Co Change In Receivables Chart

Guangdong Hongda Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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814.78

-131.66

471.47

-1,153.58

-374.57

Guangdong Hongda Holdings Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Guangdong Hongda Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Guangdong Hongda Holdings Group Co (SZSE:002683) 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.

Guangdong Hongda Holdings Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3224.012	/	3747.337	*	91
=	78.51

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

Guangdong Hongda Holdings Group Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2393.611	-	10013.469	+	0.75 * 3224.012	+	0.5 * 475.672
=	-4,964

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Guangdong Hongda Holdings Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Hongda Holdings Group Co Ltd (SZSE:002683) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

49 Huaxia Road Zhujiang, Zhujiang New Town, CHN

Website

http://www.hdbp.com

Guangdong Hongda Holdings Group Co Ltd, formerly Guangdong Hongda Blasting Co Ltd is an integrated mining and explosive service provider. The current business involves the construction and operation of open pit mines and underground. In addition, the company is engaged in the high-tech research and development and application of mine investment construction and operation, civil explosion capacity investment construction and operation, and blasting business.

Executives

Wang Yong Qing	Director
Liang Fa	Executives
Zhao Guo Wen	Secretary Dong
Zheng Ming Chai	Director
Qiu Guan Zhou	Independent director
Fang Jian Ning	Director
Xiao Mei	Supervisors
Li Zhan Jun	Executives
Fang Jian Min	Executives
Zhang Han Ping	Executives

Guangdong Hongda Holdings Group Co Headlines

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