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Zhejiang Kayo Motor Co (BJSE:834058) Change In Receivables : ¥-32.9 Mil (TTM As of Mar. 2024)


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What is Zhejiang Kayo Motor Co Change In Receivables?

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

Zhejiang Kayo Motor Co's change in receivables for the fiscal year that ended in Dec. 2022 was ¥-18.5 Mil. It means Zhejiang Kayo Motor Co's Accounts Receivable increased by ¥18.5 Mil from Dec. 2021 to Dec. 2022 .

Zhejiang Kayo Motor Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥80.2 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. Zhejiang Kayo Motor Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 149.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Kayo Motor Co's liquidation value for the three months ended in Mar. 2024 was ¥76.2 Mil.


Zhejiang Kayo Motor Co Change In Receivables Historical Data

The historical data trend for Zhejiang Kayo Motor 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.

* Premium members only.

Zhejiang Kayo Motor Co Change In Receivables Chart

Zhejiang Kayo Motor Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.87 1.04 -61.44 -65.90 -18.46

Zhejiang Kayo Motor Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.33 -32.86 - - -

Zhejiang Kayo Motor 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 ¥-32.9 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.


Zhejiang Kayo Motor Co  (BJSE:834058) 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.

Zhejiang Kayo Motor 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
=80.195/49.002*91
=149.34

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

Zhejiang Kayo Motor 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)
=167.896-192.481+0.75 * 80.195+0.5 * 81.284
=76.2

* 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.


Zhejiang Kayo Motor Co Change In Receivables Related Terms

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Zhejiang Kayo Motor Co (BJSE:834058) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Biyuan Road, Xinbi Street, Jinyun County, Zhejiang Province, Lishui City, CHN, 321400
Zhejiang Kayo Motor Co Ltd designs and creates off-road motorcycles. The company produces pit bikes, dirt bikes, and All-terrain vehicles (ATVs).

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