ZTE (ZTCOF) Change In Receivables : $0 Mil (TTM As of Mar. 2024)

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What is ZTE Change In Receivables?

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

ZTE's change in receivables for the fiscal year that ended in Dec. 2023 was $-338 Mil. It means ZTE's Accounts Receivable increased by $338 Mil from Dec. 2022 to Dec. 2023 .

ZTE's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,752 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. ZTE's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZTE's liquidation value for the three months ended in Mar. 2024 was $-2,018 Mil.

ZTE Change In Receivables Historical Data

The historical data trend for ZTE'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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ZTE Change In Receivables Chart

ZTE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-413.71

599.90

-404.76

383.91

-337.89

ZTE 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															-	-	-	-	-

ZTE 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.

ZTE (OTCPK:ZTCOF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2752.088	/	4246.102	*	91
=	59.14

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

ZTE'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)
=	12078.012	-	19053.986	+	0.75 * 2752.088	+	0.5 * 5787.824
=	-2,018

ZTE Change In Receivables Related Terms

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ZTE (ZTCOF) Business Description

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00763:Hong Kong FZM:Germany 000063:China

Address

ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.zte.com.cn

ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.