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Zhang Xiaoquan (SZSE:301055) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Zhang Xiaoquan Change In Receivables?

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

Zhang Xiaoquan's change in receivables for the fiscal year that ended in Dec. 2023 was ¥6.1 Mil. It means Zhang Xiaoquan's Accounts Receivable declined by ¥6.1 Mil from Dec. 2022 to Dec. 2023 .

Zhang Xiaoquan's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥29.4 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. Zhang Xiaoquan's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhang Xiaoquan's liquidation value for the three months ended in Mar. 2024 was ¥35.2 Mil.


Zhang Xiaoquan Change In Receivables Historical Data

The historical data trend for Zhang Xiaoquan'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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Zhang Xiaoquan Change In Receivables Chart

Zhang Xiaoquan Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 11.89 -18.86 -20.00 23.54 6.13

Zhang Xiaoquan Quarterly Data
Dec17 Dec18 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 - - - - -

Zhang Xiaoquan 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.


Zhang Xiaoquan  (SZSE:301055) 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.

Zhang Xiaoquan's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.39/213.183*91
=12.58

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

Zhang Xiaoquan'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)
=237.76-309.978+0.75 * 29.39+0.5 * 170.798
=35.2

* 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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Zhang Xiaoquan (SZSE:301055) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Wuxing Road, Dongzhou Street, Fuyang District, Zhejiang Province, Hangzhou, CHN, 311401
Zhang Xiaoquan Inc is a is a modern living hardware company integrating design, research and development, production, sales and service. It offers home kitchen products, personal care products, garden and agronomic products, hotel kitchen utensils and others to consumers at home and abroad.

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