China Reinsurance (Group) (HKSE:01508) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is China Reinsurance (Group) Change In Receivables?

China Reinsurance (Group)'s change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Reinsurance (Group)'s Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Reinsurance (Group)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$0 Mil. It means China Reinsurance (Group)'s Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

China Reinsurance (Group)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$256 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 Reinsurance (Group)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 0.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Reinsurance (Group)'s liquidation value for the six months ended in Dec. 2023 was HK$-248,564 Mil.

China Reinsurance (Group) Change In Receivables Historical Data

The historical data trend for China Reinsurance (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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China Reinsurance (Group) Change In Receivables Chart

China Reinsurance (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11,787.34

1,981.41

1,680.08

6,685.76

China Reinsurance (Group) Semi-Annual Data
	Dec13	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															-	-	-	-	-

China Reinsurance (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 Mil.

China Reinsurance (Group) (HKSE:01508) 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 Reinsurance (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
=	255.983	/	55115.854	*	91
=	0.85

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

China Reinsurance (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)
=	142322.802	-	391079.186	+	0.75 * 255.983	+	0.5 * 0
=	-248,564

China Reinsurance (Group) Change In Receivables Related Terms

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China Reinsurance (Group) (HKSE:01508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Reinsurance (Group) Corp (HKSE:01508) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

C53:Germany

Address

No 11, Jinrong Avenue, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinare.com.cn

China Reinsurance (Group) Corp is a Chinese company that is engaged in the reinsurance business. It provides various products and services including reinsurance, direct insurance, asset management, insurance brokerage, and insurance media service. The company offers a variety of reinsurance products for various property and casualty insurance, such as motor, property, agricultural, liability insurance, life, health, accident insurance, and asset management services. It operates through the following business segments: Property and casualty reinsurance, Life and health reinsurance, Primary property and casualty insurance, Asset Management, and Others.

Executives

Citigroup Inc.	2502 Approved lending agent
Wellington Management Group Llp	2102 Investment manager

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