Grand Baoxin Auto Group (HKSE:01293) Change In Receivables : HK$-351 Mil (TTM As of Dec. 2023)

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What is Grand Baoxin Auto Group Change In Receivables?

Grand Baoxin Auto Group's change in receivables for the quarter that ended in Dec. 2023 was HK$-316 Mil. It means Grand Baoxin Auto Group's Accounts Receivable increased by HK$316 Mil from Jun. 2023 to Dec. 2023 .

Grand Baoxin Auto Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-351 Mil. It means Grand Baoxin Auto Group's Accounts Receivable increased by HK$351 Mil from Dec. 2022 to Dec. 2023 .

Grand Baoxin Auto Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$836 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. Grand Baoxin Auto Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grand Baoxin Auto Group's liquidation value for the six months ended in Dec. 2023 was HK$-13,860 Mil.

Grand Baoxin Auto Group Change In Receivables Historical Data

The historical data trend for Grand Baoxin Auto 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.

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Grand Baoxin Auto Group Change In Receivables Chart

Grand Baoxin Auto Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-38.07

265.12

45.50

-84.88

-350.89

Grand Baoxin Auto 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															98.44	-155.43	63.20	-35.01	-315.88

Grand Baoxin Auto 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$-351 Mil.

Grand Baoxin Auto Group (HKSE:01293) 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.

Grand Baoxin Auto 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
=	835.778	/	17431.521	*	91
=	8.75

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

Grand Baoxin Auto 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)
=	354.691	-	16797.842	+	0.75 * 835.778	+	0.5 * 3913.16
=	-13,860

Grand Baoxin Auto Group Change In Receivables Related Terms

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Grand Baoxin Auto Group (HKSE:01293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grand Baoxin Auto Group Ltd (HKSE:01293) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GBXXY:USA

Address

No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN

Website

http://www.klbaoxin.com

Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.

Executives

Sun Guangxin	2201 Interest of corporation controlled by you
Xin Jiang Guang Hui Shi Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Xiang Gang You Xian Gong Si	2101 Beneficial owner
Guang Hui Qi Che Fu Wu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si	2201 Interest of corporation controlled by you
Shang Hai Hui Yong Qi Che Xiao Shou You Xian Gong Si	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
M Asia Holding Limited	2201 Interest of corporation controlled by you
Yang Chu Yu	2307 Founder of a discretionary trust who can infl
Extensive Success Holding Limited	2201 Interest of corporation controlled by you
Yang Aihua	2307 Founder of a discretionary trust who can infl
Baoxin Investment Management Ltd.	2101 Beneficial owner

Grand Baoxin Auto Group (HKSE:01293) Headlines

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