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Hengxin Shambala Culture Co (SZSE:300081) Change In Receivables : ¥0.0 Mil (TTM As of Jun. 2024)


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What is Hengxin Shambala Culture Co Change In Receivables?

Hengxin Shambala Culture Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0.0 Mil. It means Hengxin Shambala Culture Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Hengxin Shambala Culture Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-47.0 Mil. It means Hengxin Shambala Culture Co's Accounts Receivable increased by ¥47.0 Mil from Dec. 2022 to Dec. 2023 .

Hengxin Shambala Culture Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥152.9 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. Hengxin Shambala Culture Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 182.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hengxin Shambala Culture Co's liquidation value for the three months ended in Jun. 2024 was ¥-114.6 Mil.


Hengxin Shambala Culture Co Change In Receivables Historical Data

The historical data trend for Hengxin Shambala Culture 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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Hengxin Shambala Culture Co Change In Receivables Chart

Hengxin Shambala Culture Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -151.03 137.10 4.63 -38.50 -47.04

Hengxin Shambala Culture Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hengxin Shambala Culture 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 Mil.

* 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.


Hengxin Shambala Culture Co  (SZSE:300081) 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.

Hengxin Shambala Culture Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=152.865/76.289*91
=182.84

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

Hengxin Shambala Culture Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=139.158-609.279+0.75 * 152.865+0.5 * 481.775
=-114.6

* 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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Hengxin Shambala Culture Co Business Description

Traded in Other Exchanges
N/A
Address
No.39, Tianshan Street, Development Zone, Hebei Province, Shijiazhuang, CHN, 050035
Hengxin Shambala Culture Co Ltd sells and services mobile information products for individual and industry customers in China. It offers mobile information products, such as customized terminal products; engages in the contract sales of mobile phone products; operates as an agent to carrier mobile video projects; and provides mobile e-commerce and technical support services.
Executives
Pan Chao Directors, executives
Chen Wei Executives
Wang Bing Director
Fu Wei Executives
Li Xiao Bo Executives
Meng Xian Min Directors, executives
Wen Jian Feng Executives
Pei Jun Directors, executives
Zhou Xiao Qi Supervisors
Liu Xiao Jun Supervisors
Xu Ze Min Director
Dong Fang Executives
You Wen Qin Supervisors
Chen Liang Executives
Qi Jian Director

Hengxin Shambala Culture Co Headlines

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