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Shanghai Kinlita Chemical Co (SZSE:300225) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Shanghai Kinlita Chemical Co Change In Receivables?

Shanghai Kinlita Chemical Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shanghai Kinlita Chemical Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Kinlita Chemical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-87.3 Mil. It means Shanghai Kinlita Chemical Co's Accounts Receivable increased by ¥87.3 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Kinlita Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥239.5 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. Shanghai Kinlita Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 138.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Kinlita Chemical Co's liquidation value for the three months ended in Mar. 2024 was ¥-45.4 Mil.


Shanghai Kinlita Chemical Co Change In Receivables Historical Data

The historical data trend for Shanghai Kinlita Chemical 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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Shanghai Kinlita Chemical Co Change In Receivables Chart

Shanghai Kinlita Chemical 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 -35.98 -31.11 157.93 -57.93 -87.29

Shanghai Kinlita Chemical 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 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 - - - - -

Shanghai Kinlita Chemical 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 ¥0.0 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.


Shanghai Kinlita Chemical Co  (SZSE:300225) 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.

Shanghai Kinlita Chemical 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
=239.514/158.315*91
=138.05

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

Shanghai Kinlita Chemical 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)
=159.597-432.375+0.75 * 239.514+0.5 * 95.519
=-45.4

* 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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Shanghai Kinlita Chemical Co (SZSE:300225) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Chugong Road, Shanghai Chemical Industry Zone, Shanghai, CHN, 201417
Shanghai Kinlita Chemical Co Ltd is a player in the mid and high-end industrial coating industry. The company's product lineup includes automotive and industrial cationic electrocoat (CED), OEM automotive primer surfacer and topcoat.
Executives
Jing Zong Fa Director
Yan Jia Hua Directors, executives
Tang Yang Secretary, Director
Liu Jin Mei Director
Liu Xue Min Supervisors
Su Ming Zhong Director
Tian Bao Guo Directors, executives
Wu Guo Zheng Director
Zhou Wen Biao Supervisors
Mou Zong Yuan Director
Qian Qiong Wei Directors, executives

Shanghai Kinlita Chemical Co (SZSE:300225) Headlines

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