GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Kunming Chuan Jin Nuo Chemical Co Ltd (SZSE:300505) » Definitions » Change In Receivables

Kunming Chuan Jin Nuo Chemical Co (SZSE:300505) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Kunming Chuan Jin Nuo Chemical Co Change In Receivables?

Kunming Chuan Jin Nuo Chemical Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Kunming Chuan Jin Nuo Chemical Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Kunming Chuan Jin Nuo Chemical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-275 Mil. It means Kunming Chuan Jin Nuo Chemical Co's Accounts Receivable increased by ¥275 Mil from Dec. 2022 to Dec. 2023 .

Kunming Chuan Jin Nuo Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥151 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. Kunming Chuan Jin Nuo Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kunming Chuan Jin Nuo Chemical Co's liquidation value for the three months ended in Mar. 2024 was ¥8 Mil.


Kunming Chuan Jin Nuo Chemical Co Change In Receivables Historical Data

The historical data trend for Kunming Chuan Jin Nuo 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.

* Premium members only.

Kunming Chuan Jin Nuo Chemical Co Change In Receivables Chart

Kunming Chuan Jin Nuo 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 -3.50 -10.77 -87.78 5.16 -274.81

Kunming Chuan Jin Nuo 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 - - - - -

Kunming Chuan Jin Nuo 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 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.


Kunming Chuan Jin Nuo Chemical Co  (SZSE:300505) 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.

Kunming Chuan Jin Nuo 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
=150.607/581.361*91
=23.64

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

Kunming Chuan Jin Nuo 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)
=667.638-1034.002+0.75 * 150.607+0.5 * 523.416
=8

* 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.


Kunming Chuan Jin Nuo Chemical Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Kunming Chuan Jin Nuo Chemical Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Kunming Chuan Jin Nuo Chemical Co (SZSE:300505) Business Description

Traded in Other Exchanges
N/A
Address
Sifangdi Industrial Park, Tongdu Town, Dongchuan District, Yunnan Province, Kunming, CHN, 654100
Kunming Chuan Jin Nuo Chemical Co Ltd is producer of fertilizer grade phosphates. It also researches, produces and grading of wet-process phosphoric acid. Its products are wet-process phosphoric acid and phosphate products. Its products include fertilizer grade calcium hydrogen phosphate, triple superphosphate, enriched superphosphate, and single superphosphate.
Executives
Liu Meng Secretary, Director
Zhou Yong Xiang Executives
Wei Jia Gui Directors, executives
Tang Jia Pu Director
Hong Hua Supervisors
Zhang He Jin Executives
Liu Ming Yi Executives
Zi Hong Yun Director
Ceng Run Guo Executives
Sun Wei Cheng Supervisors

Kunming Chuan Jin Nuo Chemical Co (SZSE:300505) Headlines

No Headlines