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Zhongtian Construction (Hunan) Group (HKSE:02433) Change In Receivables : HK$0 Mil (TTM As of Jun. 2023)


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What is Zhongtian Construction (Hunan) Group Change In Receivables?

Zhongtian Construction (Hunan) Group's change in receivables for the quarter that ended in Jun. 2023 was HK$0 Mil. It means Zhongtian Construction (Hunan) Group's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Zhongtian Construction (Hunan) Group's change in receivables for the fiscal year that ended in Dec. 2022 was HK$188 Mil. It means Zhongtian Construction (Hunan) Group's Accounts Receivable declined by HK$188 Mil from Dec. 2021 to Dec. 2022 .

Zhongtian Construction (Hunan) Group's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$428 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhongtian Construction (Hunan) Group's liquidation value for the three months ended in Jun. 2023 was HK$-1,160 Mil.


Zhongtian Construction (Hunan) Group Change In Receivables Historical Data

The historical data trend for Zhongtian Construction (Hunan) Group'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.

Zhongtian Construction (Hunan) Group Change In Receivables Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
-658.75 -141.36 108.05 188.30 -

Zhongtian Construction (Hunan) Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
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Zhongtian Construction (Hunan) Group 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$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.


Zhongtian Construction (Hunan) Group  (HKSE:02433) 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.

Zhongtian Construction (Hunan) Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=427.961/0*91
=

2. In Ben Graham's calculation of liquidation value, Zhongtian Construction (Hunan) Group's accounts receivable are only considered to be worth 75% of book value:

Zhongtian Construction (Hunan) Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=78.31-1559.499+0.75 * 427.961+0.5 * 0.587
=-1,160

* 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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Zhongtian Construction (Hunan) Group (HKSE:02433) Business Description

Traded in Other Exchanges
N/A
Address
No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008
Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC.
Executives
Zt (a) Limited 2101 Beneficial owner
Zt (m) Limited 2101 Beneficial owner

Zhongtian Construction (Hunan) Group (HKSE:02433) Headlines

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