Shenzhen Weiguang Biological Products Co (SZSE:002880) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Weiguang Biological Products Co Change In Receivables?

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

Shenzhen Weiguang Biological Products Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥88 Mil. It means Shenzhen Weiguang Biological Products Co's Accounts Receivable declined by ¥88 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Weiguang Biological Products Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥72 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. Shenzhen Weiguang Biological Products Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Weiguang Biological Products Co's liquidation value for the three months ended in Mar. 2024 was ¥-186 Mil.

Shenzhen Weiguang Biological Products Co Change In Receivables Historical Data

The historical data trend for Shenzhen Weiguang Biological Products 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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Shenzhen Weiguang Biological Products Co Change In Receivables Chart

Shenzhen Weiguang Biological Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-61.72

-15.57

-2.72

33.52

88.21

Shenzhen Weiguang Biological Products 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															-	-	-	-	-

Shenzhen Weiguang Biological Products 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.

Shenzhen Weiguang Biological Products Co (SZSE:002880) 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.

Shenzhen Weiguang Biological Products 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
=	72.424	/	226.302	*	91
=	29.20

2. In Ben Graham's calculation of liquidation value, Shenzhen Weiguang Biological Products Co's accounts receivable are only considered to be worth 75% of book value:

Shenzhen Weiguang Biological Products 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)
=	337.166	-	940.83	+	0.75 * 72.424	+	0.5 * 725.835
=	-186

Shenzhen Weiguang Biological Products Co Change In Receivables Related Terms

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Shenzhen Weiguang Biological Products Co (SZSE:002880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shenzhen Weiguang Biological Products Co Ltd (SZSE:002880) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Guangming Street, No. 3402, Guangqiao Avenue, Guangming New District, Guangdong Province, Guangming, CHN, 518107

Website

http://www.szwg.com

Shenzhen Weiguang Biological Products Co Ltd is the pharmaceutical company. It is mainly engaged in the research and development, production and sales of blood products. The company's products portfolio includes human albumin, intravenous immunoglobulin (pH4), lyophilized human immunoglobulin (pH4), human immunoglobulin, hepatitis B human immunoglobulin, rabies immunoglobulin, tetanus Human immunoglobulin, histamine human immunoglobulin, human fibrinogen, a total of 21 varieties of 21 specifications.

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