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China Zenith Chemical Group (HKSE:00362) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


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What is China Zenith Chemical Group Change In Receivables?

China Zenith Chemical Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means China Zenith Chemical Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Zenith Chemical Group's change in receivables for the fiscal year that ended in Jun. 2023 was HK$1.61 Mil. It means China Zenith Chemical Group's Accounts Receivable declined by HK$1.61 Mil from Jun. 2022 to Jun. 2023 .

China Zenith Chemical Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$18.32 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. China Zenith Chemical Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 135.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Zenith Chemical Group's liquidation value for the six months ended in Dec. 2023 was HK$-1,667.19 Mil.


China Zenith Chemical Group Change In Receivables Historical Data

The historical data trend for China Zenith Chemical Group'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.

China Zenith Chemical Group Change In Receivables Chart

China Zenith Chemical Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.01 -7.05 12.76 -10.86 1.61

China Zenith Chemical Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

China Zenith Chemical Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 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.


China Zenith Chemical Group  (HKSE:00362) 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.

China Zenith Chemical Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.317/24.733*91
=135.16

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

China Zenith Chemical Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.226-1687.626+0.75 * 18.317+0.5 * 10.948
=-1,667.19

* 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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China Zenith Chemical Group (HKSE:00362) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.
Executives
Cheung Hung 2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Chiau Che Kong 2101 Beneficial owner
Tang Yiduan 2101 Beneficial owner
Chin Chun Hin 2101 Beneficial owner
Chan Yuen Tung 2101 Beneficial owner
Cheng Ka Kui Arnold 2101 Beneficial owner
Cha Jung Hoon 2101 Beneficial owner
Sze Ching Lau

China Zenith Chemical Group (HKSE:00362) Headlines

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