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Hebei Huijin Group Co (SZSE:300368) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Hebei Huijin Group Co Change In Receivables?

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

Hebei Huijin Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥409.9 Mil. It means Hebei Huijin Group Co's Accounts Receivable declined by ¥409.9 Mil from Dec. 2022 to Dec. 2023 .

Hebei Huijin Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥855.6 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. Hebei Huijin Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,117.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hebei Huijin Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-846.4 Mil.


Hebei Huijin Group Co Change In Receivables Historical Data

The historical data trend for Hebei Huijin 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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Hebei Huijin Group Co Change In Receivables Chart

Hebei Huijin Group 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 -39.67 -1,223.60 -744.13 664.27 409.87

Hebei Huijin 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 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 - - - - -

Hebei Huijin 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 ¥0.0 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.


Hebei Huijin Group Co  (SZSE:300368) 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.

Hebei Huijin 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
=855.629/69.894*91
=1,117.07

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

Hebei Huijin 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)
=84.691-1647.938+0.75 * 855.629+0.5 * 150.155
=-846.4

* 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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Hebei Huijin Group Co (SZSE:300368) Business Description

Traded in Other Exchanges
N/A
Address
No. 209 Xiangjiang Road, National Hi-Tech Industry Development Zone, Hebei Province, Shijiazhuang, CHN, 050035
Hebei Huijin Group Co Ltd formerly Hebei Huijin Electromechanical Co Ltd is a Chinese high-tech enterprise engaged in the research and development, production, sales, and service of financial equipment. The company offers Binding series products, Bundling series products, and Self-service products. Binding series products comprises ZD series high-intelligent binding machine and HJ series automatic binding machine. Bundling series products includes automatic banknote binding machine, which extends to the banknote plastic packaging, the banknote clearing line, and the robot banknote finishing center. The Self-service products cover printing machine, bill machine, and self-service system integration products.
Executives
Wang Dong Kai Director
Sun Jing Tao Director
Wang Bing Executives
Peng Jian Wen Director
Wang Ming Gao Director
Wu Hong Supervisors
Zhao Hai Jin Secretary, Director
Zhang Yun Xia Executives
Gao Ji Jun Director
Liu Li Xin Executives
Lin Jin Biao Director
Ren Jun Yan Supervisors
Bao Xi Bo Directors, executives
Liu Feng Director
Wang Ming Wen Supervisors

Hebei Huijin Group Co (SZSE:300368) Headlines

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