CIMC Vehicles (Group) Co (HKSE:01839) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is CIMC Vehicles (Group) Co Change In Receivables?

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

CIMC Vehicles (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-842 Mil. It means CIMC Vehicles (Group) Co's Accounts Receivable increased by HK$842 Mil from Dec. 2022 to Dec. 2023 .

CIMC Vehicles (Group) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$4,021 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. CIMC Vehicles (Group) Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CIMC Vehicles (Group) Co's liquidation value for the three months ended in Dec. 2023 was HK$3,216 Mil.

CIMC Vehicles (Group) Co Change In Receivables Historical Data

The historical data trend for CIMC Vehicles (Group) 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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CIMC Vehicles (Group) Co Change In Receivables Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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488.63

-427.38

245.59

-144.30

-841.84

CIMC Vehicles (Group) Co Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

CIMC Vehicles (Group) 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 quarterly data reported by the company within the most recent 12 months, which was HK$0 Mil.

CIMC Vehicles (Group) Co (HKSE:01839) 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.

CIMC Vehicles (Group) 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
=	4021.083	/	6035.856	*	91
=	60.79

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

CIMC Vehicles (Group) 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)
=	6574.151	-	9177.608	+	0.75 * 4021.083	+	0.5 * 5607.265
=	3,216

CIMC Vehicles (Group) Co Change In Receivables Related Terms

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CIMC Vehicles (Group) Co (HKSE:01839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (HKSE:01839) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

301039:China

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
Zhong Guo Guo Ji Hai Yun Ji Zhuang Xiang Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Xicheng	2201 Interest of corporation controlled by you
Shan Dong Ling Long Lun Tai Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ling Long Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Tian Cheng Tou Zi Mao Yi You Xian Gong Si	2101 Beneficial owner

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