Qingling Motors Co (HKSE:01122) Change In Receivables : HK$-25 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Qingling Motors Co Change In Receivables?

Qingling Motors Co's change in receivables for the quarter that ended in Dec. 2023 was HK$298 Mil. It means Qingling Motors Co's Accounts Receivable declined by HK$298 Mil from Jun. 2023 to Dec. 2023 .

Qingling Motors Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-25 Mil. It means Qingling Motors Co's Accounts Receivable increased by HK$25 Mil from Dec. 2022 to Dec. 2023 .

Qingling Motors Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$297 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. Qingling Motors Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qingling Motors Co's liquidation value for the six months ended in Dec. 2023 was HK$1,235 Mil.

Qingling Motors Co Change In Receivables Historical Data

The historical data trend for Qingling Motors 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.

Qingling Motors Co Change In Receivables Chart

Qingling Motors Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

472.55

-496.91

371.41

1,291.37

-25.37

Qingling Motors Co 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															204.54	1,252.59	98.07	-323.49	298.12

Qingling Motors 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-25 Mil.

Qingling Motors Co (HKSE:01122) 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.

Qingling Motors Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	296.615	/	1818.561	*	91
=	29.77

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

Qingling Motors Co'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)
=	2749.837	-	2457.972	+	0.75 * 296.615	+	0.5 * 1442.052
=	1,235

Qingling Motors Co Change In Receivables Related Terms

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

Qingling Motors Co (HKSE:01122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qingling Motors Co Ltd (HKSE:01122) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

QIN:Germany

Address

1 Xiexing Cun, Zhongliangshan, Jiulongpo District, Chongqing, CHN, 400052

Website

https://www.qingling.com.cn

Qingling Motors Co Ltd is a Chinese company which is engaged in the production and sale of Isuzu light, medium and heavy-duty trucks, pick-up trucks, multi-purpose vehicles and diesel and petrol engines. It also focuses on the manufacturing and sales of automobile parts and accessories. The company organizes its business into five segments namely Light-duty trucks and chassis; Pickup trucks and chassis; Medium and heavy-duty trucks and chassis; and Automobile parts, accessories and others. It also focuses on research and development activity for product, material, mould and process and fixtures. The company earns the majority of its revenue from the sale of trucks and vehicles in the People's Republic of China.

Qingling Motors Co (HKSE:01122) Headlines

No Headlines