GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Change In Receivables

Zhibao Technology (Zhibao Technology) Change In Receivables : $-4.68 Mil (TTM As of Jun. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Zhibao Technology Change In Receivables?

Zhibao Technology's change in receivables for the quarter that ended in Jun. 2023 was $0.43 Mil. It means Zhibao Technology's Accounts Receivable declined by $0.43 Mil from Dec. 2022 to Jun. 2023 .

Zhibao Technology's change in receivables for the fiscal year that ended in Jun. 2023 was $-4.54 Mil. It means Zhibao Technology's Accounts Receivable increased by $4.54 Mil from Jun. 2022 to Jun. 2023 .

Zhibao Technology's Accounts Receivable for the quarter that ended in Jun. 2023 was $10.86 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. Zhibao Technology's Days Sales Outstanding for the six months ended in Jun. 2023 was 282.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhibao Technology's liquidation value for the six months ended in Jun. 2023 was $-3.96 Mil.

Zhibao Technology Change In Receivables Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology Change In Receivables Chart

Zhibao Technology Annual Data
Trend Jun21 Jun22 Jun23
Change In Receivables
0.62 -4.12 -4.54

Zhibao Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables - -4.01 -0.31 -5.11 0.43

Zhibao Technology 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 semi-annually data reported by the company within the most recent 12 months, which was $-4.68 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.

Zhibao Technology  (NAS:ZBAO) 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.

Zhibao Technology's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.857/7.024*91
=282.09

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

Zhibao Technology'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)
=1.379-13.486+0.75 * 10.857+0.5 * 0
=-3.96

* 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.

Zhibao Technology Change In Receivables Related Terms

Thank you for viewing the detailed overview of Zhibao Technology's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhibao Technology (Zhibao Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204
Website
https://www.zhibao-tech.com
Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

From GuruFocus

Zhibao Technology Inc. Announces Closing of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

By Marketwired • 05-15-2024