Guangdong Xianglu Tungsten Co (SZSE:002842) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Xianglu Tungsten Co Change In Receivables?

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

Guangdong Xianglu Tungsten Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-245 Mil. It means Guangdong Xianglu Tungsten Co's Accounts Receivable increased by ¥245 Mil from Dec. 2022 to Dec. 2023 .

Guangdong Xianglu Tungsten Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥302 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 Xianglu Tungsten Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Xianglu Tungsten Co's liquidation value for the three months ended in Mar. 2024 was ¥-631 Mil.

Guangdong Xianglu Tungsten Co Change In Receivables Historical Data

The historical data trend for Guangdong Xianglu Tungsten 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.

Guangdong Xianglu Tungsten Co Change In Receivables Chart

Guangdong Xianglu Tungsten Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-131.61

84.54

-34.20

-64.16

-244.53

Guangdong Xianglu Tungsten 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															-	-	-	-	-

Guangdong Xianglu Tungsten 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.

Guangdong Xianglu Tungsten Co (SZSE:002842) 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 Xianglu Tungsten 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
=	301.643	/	461.742	*	91
=	59.61

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

Guangdong Xianglu Tungsten 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)
=	132.454	-	1345.361	+	0.75 * 301.643	+	0.5 * 711.01
=	-631

Guangdong Xianglu Tungsten Co Change In Receivables Related Terms

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

Guangdong Xianglu Tungsten Co (SZSE:002842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Xianglu Tungsten Co Ltd (SZSE:002842) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Shantou Industrial Zone, Xiangqiao District, Guantang Town, Guangdong Province, Chaozhou, CHN, 515633

Website

http://www.xl-tungsten.com

Guangdong Xianglu Tungsten Co Ltd is engaged in research and development, production and marketing of tungsten products in China. The company has a complete product system of APT, WO3, W, WC Powder and Hard Metal and one of the qualified tungsten exports and suppliers in China. It product portfolio includes Tungstates, Oxides and Acid, Tungsten/Tungsten Carbide Powder and Hardmetal/Cemented Carbide.

Executives

Chen Wei Dong	Directors, executives
Yao Ming Qin	Supervisors
Chen Wei Er	Directors, executives
Yi Jun	Directors, executives
Dai Xiang Ping	Executives

Guangdong Xianglu Tungsten Co (SZSE:002842) Headlines

No Headlines