Zhongtai Futures Co (HKSE:01461) Change In Receivables : HK$1,145 Mil (TTM As of Dec. 2023)

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What is Zhongtai Futures Co Change In Receivables?

Zhongtai Futures Co's change in receivables for the quarter that ended in Dec. 2023 was HK$2,276 Mil. It means Zhongtai Futures Co's Accounts Receivable declined by HK$2,276 Mil from Jun. 2023 to Dec. 2023 .

Zhongtai Futures Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$1,145 Mil. It means Zhongtai Futures Co's Accounts Receivable declined by HK$1,145 Mil from Dec. 2022 to Dec. 2023 .

Zhongtai Futures Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0 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. Zhongtai Futures Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhongtai Futures Co's liquidation value for the six months ended in Dec. 2023 was HK$-9,647 Mil.

Zhongtai Futures Co Change In Receivables Historical Data

The historical data trend for Zhongtai Futures 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.

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Zhongtai Futures Co Change In Receivables Chart

Zhongtai Futures Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3,236.04

-2,229.84

1,145.35

Zhongtai Futures 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															-343.38	-3,998.53	1,579.43	-1,131.15	2,276.49

Zhongtai Futures 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$1,145 Mil.

Zhongtai Futures Co (HKSE:01461) 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.

Zhongtai Futures 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
=	0	/	1451.913	*	91
=	0.00

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

Zhongtai Futures 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)
=	20504.04	-	30151.217	+	0.75 * 0	+	0.5 * 0
=	-9,647

Zhongtai Futures Co Change In Receivables Related Terms

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Zhongtai Futures Co (HKSE:01461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zhongtai Futures Co Ltd (HKSE:01461) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 86 Jingqi Road, 15th-16th Floor, Securities Tower, Shizhong District, Shandong Province, Jinan, CHN, 250001

Website

http://www.lzqh.net.cn

Zhongtai Futures Co Ltd is engaged in four segments; Brokerage business, Risk management business, Asset management business, and Other businesses. The business scopes of the Group cover commodity futures brokerage, financial futures brokerage, futures transaction consulting, asset management, bulk commodity futures and spot trading services, cooperative hedging, market-maker business, OTC derivatives business, information technology consulting services, and other business activities. The Group mainly operates in Shandong Province, the PRC.

Executives

Xu Guiqin	2101 Beneficial owner
China Minsheng Investment Group Corp., Ltd.	2101 Beneficial owner
Cm International Capital Limited	2101 Beneficial owner

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