Ningbo Peacebird Fashion Co (SHSE:603877) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Ningbo Peacebird Fashion Co Change In Receivables?

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

Ningbo Peacebird Fashion Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥41 Mil. It means Ningbo Peacebird Fashion Co's Accounts Receivable declined by ¥41 Mil from Dec. 2022 to Dec. 2023 .

Ningbo Peacebird Fashion Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥430 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. Ningbo Peacebird Fashion Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ningbo Peacebird Fashion Co's liquidation value for the three months ended in Mar. 2024 was ¥679 Mil.

Ningbo Peacebird Fashion Co Change In Receivables Historical Data

The historical data trend for Ningbo Peacebird Fashion 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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Ningbo Peacebird Fashion Co Change In Receivables Chart

Ningbo Peacebird Fashion Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-47.32

-496.10

153.62

182.16

40.65

Ningbo Peacebird Fashion 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															-	-	-	-	-

Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion Co (SHSE:603877) 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.

Ningbo Peacebird Fashion 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
=	430.291	/	1805.673	*	91
=	21.74

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

Ningbo Peacebird Fashion 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)
=	2642.763	-	2969.993	+	0.75 * 430.291	+	0.5 * 1367.625
=	679

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Ningbo Peacebird Fashion Co (SHSE:603877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Peacebird Fashion Co Ltd (SHSE:603877) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011

Website

http://www.peacebird.com

Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.

Executives

Wang Qing Lin	senior management
Wang Ming Feng	Directors, senior managers
Hong Yang Wei	senior management
Weng Jiang Hong	Directors, senior managers
Ou Li Min	senior management
Dai Zhi Yong	Director
Rong Yi Qin	Supervisors
Chen Hong Chao	Director
Zhang Jiang Ping	Director
Zhang Jiang Bo	Director
Shi Chao Qi	senior management
Zhang Ting	senior management
Shen Ya Xin	senior management
Lou Jia Zi	senior management

Ningbo Peacebird Fashion Co (SHSE:603877) Headlines

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