Jianglong Shipbuilding Co (SZSE:300589) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Jianglong Shipbuilding Co Change In Receivables?

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

Jianglong Shipbuilding Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-353 Mil. It means Jianglong Shipbuilding Co's Accounts Receivable increased by ¥353 Mil from Dec. 2022 to Dec. 2023 .

Jianglong Shipbuilding Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥413 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. Jianglong Shipbuilding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 105.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jianglong Shipbuilding Co's liquidation value for the three months ended in Mar. 2024 was ¥-694 Mil.

Jianglong Shipbuilding Co Change In Receivables Historical Data

The historical data trend for Jianglong Shipbuilding 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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Jianglong Shipbuilding Co Change In Receivables Chart

Jianglong Shipbuilding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-51.57

-65.76

16.99

-74.11

-352.90

Jianglong Shipbuilding 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															-	-	-	-	-

Jianglong Shipbuilding 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.

Jianglong Shipbuilding Co (SZSE:300589) 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.

Jianglong Shipbuilding 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
=	412.668	/	357.124	*	91
=	105.44

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

Jianglong Shipbuilding 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)
=	329.783	-	1397.506	+	0.75 * 412.668	+	0.5 * 127.507
=	-694

Jianglong Shipbuilding Co Change In Receivables Related Terms

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Jianglong Shipbuilding Co (SZSE:300589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jianglong Shipbuilding Co Ltd (SZSE:300589) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Guizhu Road, Jianglong Boat Science and Technology Park, Shenwan Town, Guangdong Province, Zhongshan, CHN, 528462

Website

http://en.jianglong.cn

Jianglong Shipbuilding Co Ltd manufactures and sells various yachts and boats. It is engaged in design, research and development, manufacturing and sales of patrol boats, tourism leisure boats and passenger boats, which are made of steel, aluminum alloy, fiberglass and composite materials. The company's products include fiberglass luxury yachts, patrol boats, tourist passenger boats, fishing vessels, and Passenger boat.

Executives

Zhao Sheng Hua	Director
Tan Yong Can	Executives
Yan Zhi Qing	Directors, executives
Xia Gang	Director
Gong Zhong Ying	Director
He Wen Jun	Directors, executives
Cheng Jue Hao	Independent director

Jianglong Shipbuilding Co (SZSE:300589) Headlines

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