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LingNan Eco & Culture-Tourism Co (SZSE:002717) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is LingNan Eco & Culture-Tourism Co Change In Receivables?

LingNan Eco & Culture-Tourism Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means LingNan Eco & Culture-Tourism Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

LingNan Eco & Culture-Tourism Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥414 Mil. It means LingNan Eco & Culture-Tourism Co's Accounts Receivable declined by ¥414 Mil from Dec. 2022 to Dec. 2023 .

LingNan Eco & Culture-Tourism Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,345 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. LingNan Eco & Culture-Tourism Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 701.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LingNan Eco & Culture-Tourism Co's liquidation value for the three months ended in Mar. 2024 was ¥-10,743 Mil.


LingNan Eco & Culture-Tourism Co Change In Receivables Historical Data

The historical data trend for LingNan Eco & Culture-Tourism 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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LingNan Eco & Culture-Tourism Co Change In Receivables Chart

LingNan Eco & Culture-Tourism 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 -908.92 -708.31 -278.33 874.48 413.64

LingNan Eco & Culture-Tourism 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 - - - - -

LingNan Eco & Culture-Tourism 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.


LingNan Eco & Culture-Tourism Co  (SZSE:002717) 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.

LingNan Eco & Culture-Tourism 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
=2344.994/305.23*91
=701.05

2. In Ben Graham's calculation of liquidation value, LingNan Eco & Culture-Tourism Co's accounts receivable are only considered to be worth 75% of book value:

LingNan Eco & Culture-Tourism 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)
=246.549-12898.361+0.75 * 2344.994+0.5 * 299.871
=-10,743

* 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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LingNan Eco & Culture-Tourism Co (SZSE:002717) Business Description

Traded in Other Exchanges
N/A
Address
No 3, Dongyuan Road, Dongcheng District, Guangdong Province, Dongguan, CHN, 523125
LingNan Eco & Culture-Tourism Co Ltd, formerly LingNan Landscape Co Ltd is engaged in the business of landscape planning and design, landscape construction, green conservation, nursery stock sales, among others.
Executives
Liu Yong Executives
Qin Guo Quan Directors, executives
Yin Hong Wei Director
Zhang Ping Directors, Directors, and Executives
Huang Jin Jie Executives
Liu Yu Ping Executives
Yan Guan Yu Director
Li Yan Mei Securities Affairs Representative
Wang Yu Biao Directors, executives
Zhu Xin Ning Director
Du Li Yan Executives
Zhang You Ming Executives
Qiu Tian Secretary, Director
Chen Gang Director
Feng Xue Gao Directors, executives

LingNan Eco & Culture-Tourism Co (SZSE:002717) Headlines

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