Hongbo Co (SZSE:002229) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Hongbo Co Change In Receivables?

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

Hongbo Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-369.8 Mil. It means Hongbo Co's Accounts Receivable increased by ¥369.8 Mil from Dec. 2022 to Dec. 2023 .

Hongbo Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥275.4 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. Hongbo Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 162.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hongbo Co's liquidation value for the three months ended in Mar. 2024 was ¥-592.4 Mil.

Hongbo Co Change In Receivables Historical Data

The historical data trend for Hongbo 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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Hongbo Co Change In Receivables Chart

Hongbo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-31.79

73.17

-108.10

4.77

-369.75

Hongbo 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															-	-	-	-	-

Hongbo 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.

Hongbo Co (SZSE:002229) 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.

Hongbo 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
=	275.398	/	154.764	*	91
=	162.38

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

Hongbo 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)
=	738.189	-	1742.402	+	0.75 * 275.398	+	0.5 * 410.526
=	-592.4

Hongbo Co Change In Receivables Related Terms

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Hongbo Co (SZSE:002229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hongbo Co Ltd (SZSE:002229) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 136 Jinda Road, Jinshan Development Zone, Fujian Province, Fuzhou, CHN, 350002

Website

http://www.hb-print.com.cn

Hongbo Co Ltd is a China-based company engaged in the security printing business. It is involved in the printing of commercial bills in China. The company's main products are heat-sensitive paper tickets, general paper tickets and paper packaging products for office use. In addition, the company is also involved in the other businesses such as the Lottery industry, Security printing, Packaging industry, Color printing industry, Internet of things industry, and Business and interactive entertainment industry.

Executives

You You Luan	Directors, executives
He Ai Ping	Supervisors
Chen Xian Zhang	Secretary Dong
Zhou Mei Mei	Directors, executives
You Li Juan	Director
You Yu Xian	Director
Xie You Jun	Supervisors
Guo Bin	Executives
Wang Wen Jing	Supervisors
Yang You Lin	Director
Liu Yuan Hai	Supervisors
Zhang Jian Jun	Executives

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