Xiamen Zhongchuang Environmental Technology Co (SZSE:300056) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)

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What is Xiamen Zhongchuang Environmental Technology Co Change In Receivables?

Xiamen Zhongchuang Environmental Technology Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Xiamen Zhongchuang Environmental Technology Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Xiamen Zhongchuang Environmental Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥72.0 Mil. It means Xiamen Zhongchuang Environmental Technology Co's Accounts Receivable declined by ¥72.0 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Zhongchuang Environmental Technology Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥206.8 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. Xiamen Zhongchuang Environmental Technology Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 227.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xiamen Zhongchuang Environmental Technology Co's liquidation value for the three months ended in Sep. 2024 was ¥-449.9 Mil.

Xiamen Zhongchuang Environmental Technology Co Change In Receivables Historical Data

The historical data trend for Xiamen Zhongchuang Environmental Technology 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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Xiamen Zhongchuang Environmental Technology Co Change In Receivables Chart

Xiamen Zhongchuang Environmental Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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57.56

114.97

68.74

274.16

71.97

Xiamen Zhongchuang Environmental Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Xiamen Zhongchuang Environmental Technology 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

Xiamen Zhongchuang Environmental Technology Co (SZSE:300056) 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.

Xiamen Zhongchuang Environmental Technology Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	206.765	/	83.098	*	91
=	227.05

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

Xiamen Zhongchuang Environmental Technology Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	30.723	-	724.967	+	0.75 * 206.765	+	0.5 * 178.449
=	-449.9

Xiamen Zhongchuang Environmental Technology Co Change In Receivables Related Terms

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Xiamen Zhongchuang Environmental Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xiamen Zhongchuang Environmental Technology Co Ltd (SZSE:300056) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1178-1182, Chunguang Road, Industrial Zone, Torch High-tech Zone, Xiang Ming, Xiamen, CHN, 361101

Website

http://www.savings.com.cn

Xiamen Zhongchuang Environmental Technology Co Ltd is engaged in the research and development, production, sales, and service of high-performance high-temperature dust removing filter materials. The business of the company includes flue gas island control, bulk material storage system, third party environmental service, and import and export service.

Executives

Xu Xiu Li	Director
Zhang Hong Liang	Secretary, Director
Ran Chang	Director
Geng Zhan Ji	Directors, executives
Liu Yong	Director
Wang Zhi Yong	Independent director
Luo Hong Hua	Director
Li Liang Liang	Executives
Qiu Guo Qiang	Director
Liu Ming Hui	Director

Xiamen Zhongchuang Environmental Technology Co Headlines

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