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Zhengyuan Zhihui Goup Co (SZSE:300645) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Zhengyuan Zhihui Goup Co Change In Receivables?

Zhengyuan Zhihui Goup Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Zhengyuan Zhihui Goup Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Zhengyuan Zhihui Goup Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-120 Mil. It means Zhengyuan Zhihui Goup Co's Accounts Receivable increased by ¥120 Mil from Dec. 2022 to Dec. 2023 .

Zhengyuan Zhihui Goup Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥855 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. Zhengyuan Zhihui Goup Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 268.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhengyuan Zhihui Goup Co's liquidation value for the three months ended in Sep. 2024 was ¥-463 Mil.


Zhengyuan Zhihui Goup Co Change In Receivables Historical Data

The historical data trend for Zhengyuan Zhihui Goup 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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Zhengyuan Zhihui Goup Co Change In Receivables Chart

Zhengyuan Zhihui Goup 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 -145.83 -42.43 -92.76 -110.17 -120.41

Zhengyuan Zhihui Goup Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Zhengyuan Zhihui Goup 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 Sep. 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.


Zhengyuan Zhihui Goup Co  (SZSE:300645) 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.

Zhengyuan Zhihui Goup Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=854.952/290.457*91
=268.59

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

Zhengyuan Zhihui Goup Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=277.29-1598.876+0.75 * 854.952+0.5 * 433.897
=-463

* 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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Zhengyuan Zhihui Goup Co Business Description

Traded in Other Exchanges
N/A
Address
No. 359 Shuxin Road, Building A, Zhengyuan Wisdom Building, Yuhang District, Hangzhou, CHN, 311121
Zhengyuan Zhihui Goup Co Ltd Formerly Zhejiang Zhengyuan Zhihui Technology Co Ltd is focused on providing the smart card, IoT products, solutions and operation and maintenance services for education, power, medical and health, government military and police, large enterprises, and park communities. Its software products include operating, shared a smart card and intensive, standalone smart card, and energy monitoring platforms; smart campus and enterprise smart cards; and education software.

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