Xinte Energy Co (HKSE:01799) Change In Receivables : HK$2,880 Mil (TTM As of Dec. 2023)

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What is Xinte Energy Co Change In Receivables?

Xinte Energy Co's change in receivables for the quarter that ended in Dec. 2023 was HK$2,689 Mil. It means Xinte Energy Co's Accounts Receivable declined by HK$2,689 Mil from Jun. 2023 to Dec. 2023 .

Xinte Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$2,880 Mil. It means Xinte Energy Co's Accounts Receivable declined by HK$2,880 Mil from Dec. 2022 to Dec. 2023 .

Xinte Energy Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$5,361 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. Xinte Energy Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xinte Energy Co's liquidation value for the six months ended in Dec. 2023 was HK$-29,831 Mil.

Xinte Energy Co Change In Receivables Historical Data

The historical data trend for Xinte Energy 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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Xinte Energy Co Change In Receivables Chart

Xinte Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-43.91

307.61

-5,696.62

-3,865.85

2,880.37

Xinte Energy Co Semi-Annual Data
	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														-3,979.00	-1,309.02	-2,618.78	191.55	2,688.82

Xinte Energy 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$2,880 Mil.

Xinte Energy Co (HKSE:01799) 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.

Xinte Energy 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
=	5361.293	/	14399.485	*	91
=	67.95

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

Xinte Energy 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)
=	13037.502	-	48889.287	+	0.75 * 5361.293	+	0.5 * 4000.526
=	-29,831

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Xinte Energy Co (HKSE:01799) Business Description

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9M7:Germany

Address

No. 2249, Zhongxin Street, Ganquanpu Economic and Technological Development Zone, Xinjiang, Urumqi, CHN

Website

https://www.xinteenergy.com

Xinte Energy Co Ltd is engaged in the manufacturing of solar-grade polysilicon and photovoltaic project developers. It operates in four segments: Polysilicon, Construction of wind power & PV power plants, Operation of wind power & PV power plants, and Others. Other segments mainly comprise businesses including manufacturing and sales of the inverter, flexible direct current transmission converter valve, SVG, and other miscellaneous services. Business activity functions in the region of China.

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