Jinzai Food Group Co (SZSE:003000) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Jinzai Food Group Co Change In Receivables?

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

Jinzai Food Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-96 Mil. It means Jinzai Food Group Co's Accounts Receivable increased by ¥96 Mil from Dec. 2022 to Dec. 2023 .

Jinzai Food Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥6 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. Jinzai Food Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jinzai Food Group Co's liquidation value for the three months ended in Mar. 2024 was ¥320 Mil.

Jinzai Food Group Co Change In Receivables Historical Data

The historical data trend for Jinzai Food 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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Jinzai Food Group Co Change In Receivables Chart

Jinzai Food Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.01

2.19

-15.48

-69.80

-96.33

Jinzai Food 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															-	-	-	-	-

Jinzai Food 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.

Jinzai Food Group Co (SZSE:003000) 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.

Jinzai Food 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
=	6.057	/	539.924	*	91
=	1.02

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

Jinzai Food 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)
=	556.728	-	392.83	+	0.75 * 6.057	+	0.5 * 303.886
=	320

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Jinzai Food Group Co (SZSE:003000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jinzai Food Group Co Ltd (SZSE:003000) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Pingjiang Industrial Park, Hunan Province, Wushi Town, Pingjiang County, Yueyang, CHN, 414517

Website

Jinzai Food Group Co Ltd formerly Huawen Food Co Ltd is primarily involved in the pre-packaged food and bulk food business. The business activities of the company include production and sales of traditional flavor snack foods such as flavored fish and flavored dried bean curd.

Executives

Su Che Hui	Executives
Liu Te Yuan	Directors, executives

Jinzai Food Group Co (SZSE:003000) Headlines

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