Shenzhen Zhongheng Huafa Co (SZSE:000020) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Zhongheng Huafa Co Change In Receivables?

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

Shenzhen Zhongheng Huafa Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥62.1 Mil. It means Shenzhen Zhongheng Huafa Co's Accounts Receivable declined by ¥62.1 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Zhongheng Huafa Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥114.2 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. Shenzhen Zhongheng Huafa Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Zhongheng Huafa Co's liquidation value for the three months ended in Mar. 2024 was ¥15.9 Mil.

Shenzhen Zhongheng Huafa Co Change In Receivables Historical Data

The historical data trend for Shenzhen Zhongheng Huafa 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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Shenzhen Zhongheng Huafa Co Change In Receivables Chart

Shenzhen Zhongheng Huafa Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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18.48

4.99

-40.38

56.14

62.05

Shenzhen Zhongheng Huafa 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															-	-	-	-	-

Shenzhen Zhongheng Huafa 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 ¥0.0 Mil.

Shenzhen Zhongheng Huafa Co (SZSE:000020) 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.

Shenzhen Zhongheng Huafa 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
=	114.158	/	219.313	*	91
=	47.50

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

Shenzhen Zhongheng Huafa 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)
=	115.74	-	220.434	+	0.75 * 114.158	+	0.5 * 69.91
=	15.9

Shenzhen Zhongheng Huafa Co Change In Receivables Related Terms

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Shenzhen Zhongheng Huafa Co (SZSE:000020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zhongheng Huafa Co Ltd (SZSE:000020) » Definitions » Change In Receivables

Traded in Other Exchanges

200020:China

Address

6th Floor, East Block, 411 Building, Huafa (N) Road, Futian District, Guangdong Province, Shenzhen, CHN, 518031

Website

http://www.hwafa.com.cn

Shenzhen Zhongheng Huafa Co Ltd operates in two business industrial and property management. The industrial business mainly includes injection molding, polylon (light-weight packaging materials), and complete machine production and sales of liquid crystal display, and property management business is mainly the lease of its own property. The company engages in producing and sales of vary color TV set, liquid crystal display, LCD, radio-recorder, sound equipment, electronic watch, electronic game and computers, the printed wiring board, precision injection parts, light packaging material and hardware (including tool and mould) for various electronic products and supporting parts, plating and surface treatment and tin wire, development and operation of real estate and property management.

Executives

Huang Yan Bo	Supervisors
Tang Gan Yu	Executives

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