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West China Cement (HKSE:02233) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is West China Cement Change In Receivables?

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

West China Cement's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-59 Mil. It means West China Cement's Accounts Receivable increased by HK$59 Mil from Dec. 2022 to Dec. 2023 .

West China Cement's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,677 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. West China Cement's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. West China Cement's liquidation value for the six months ended in Dec. 2023 was HK$-16,944 Mil.


West China Cement Change In Receivables Historical Data

The historical data trend for West China Cement'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.

* Premium members only.

West China Cement Change In Receivables Chart

West China Cement Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -241.52 -380.51 -327.35 -14.93 -58.77

West China Cement 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

West China Cement 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.

* 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.


West China Cement  (HKSE:02233) 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.

West China Cement's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1676.847/5056.114*91
=60.53

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

West China Cement'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)
=1009.188-20491.838+0.75 * 1676.847+0.5 * 2562.444
=-16,944

* 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.


West China Cement Change In Receivables Related Terms

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West China Cement (HKSE:02233) Business Description

Traded in Other Exchanges
Address
No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN
West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.
Executives
Conch International Holdings (hk) Limited 2101 Beneficial owner
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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