Jinlongyu Group Co (SZSE:002882) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Jinlongyu Group Co Change In Receivables?

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

Jinlongyu Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-142 Mil. It means Jinlongyu Group Co's Accounts Receivable increased by ¥142 Mil from Dec. 2022 to Dec. 2023 .

Jinlongyu Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,103 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. Jinlongyu Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 146.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jinlongyu Group Co's liquidation value for the three months ended in Mar. 2024 was ¥553 Mil.

Jinlongyu Group Co Change In Receivables Historical Data

The historical data trend for Jinlongyu 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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Jinlongyu Group Co Change In Receivables Chart

Jinlongyu Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-208.50

-153.95

-721.09

66.54

-142.07

Jinlongyu Group 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															-	-	-	-	-

Jinlongyu 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Jinlongyu Group Co (SZSE:002882) 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.

Jinlongyu Group 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
=	1102.583	/	685.17	*	91
=	146.84

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

Jinlongyu Group 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)
=	675.753	-	1300.003	+	0.75 * 1102.583	+	0.5 * 701.377
=	553

Jinlongyu Group Co Change In Receivables Related Terms

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Jinlongyu Group Co (SZSE:002882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jinlongyu Group Co Ltd (SZSE:002882) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Phuket Sheung Shui Road, Jinlong Yu Group Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518112

Website

http://Www.szjly.com

Jinlongyu Group Co Ltd is a wire and cable manufacturing company in South China. The principal business activities of the company include research and development, production, sales and service of wire and cable. Its main wire and cable products mainly include polyethylene insulated power cable, insulated PVC sheathed power cable, overhead insulated cables, steel core aluminum stranded wire, copper - aluminum core power cable and computer cables and control cables. The products of Jinlongyu Group are exported to a number of countries and regions such as Singapore, Australia, Hong Kong, among others.

Executives

Ji Xing Dan	Directors, executives
Xia Lan	Directors, executives
Feng Bo	Executives
Lu Zhi Cai	Directors, executives
Zhou Yong Hua	Executives
Zheng Kang Jun	Director
Xiong Zhong Hong	Executives
Li Si Xi	Director
Ji Gui Xin	Supervisors

Jinlongyu Group Co (SZSE:002882) Headlines

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