Luzhou Xinglu Water (Group) Co (HKSE:02281) Change In Receivables : HK$-77 Mil (TTM As of Dec. 2023)

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What is Luzhou Xinglu Water (Group) Co Change In Receivables?

Luzhou Xinglu Water (Group) Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-68 Mil. It means Luzhou Xinglu Water (Group) Co's Accounts Receivable increased by HK$68 Mil from Jun. 2023 to Dec. 2023 .

Luzhou Xinglu Water (Group) Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-77 Mil. It means Luzhou Xinglu Water (Group) Co's Accounts Receivable increased by HK$77 Mil from Dec. 2022 to Dec. 2023 .

Luzhou Xinglu Water (Group) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$617 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. Luzhou Xinglu Water (Group) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 159.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luzhou Xinglu Water (Group) Co's liquidation value for the six months ended in Dec. 2023 was HK$-3,491 Mil.

Luzhou Xinglu Water (Group) Co Change In Receivables Historical Data

The historical data trend for Luzhou Xinglu Water (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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Luzhou Xinglu Water (Group) Co Change In Receivables Chart

Luzhou Xinglu Water (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-464.26

-225.44

-325.68

-97.48

-77.13

Luzhou Xinglu Water (Group) Co Semi-Annual Data
	Dec13	Dec14	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														-	-87.07	-14.54	-9.24	-67.89

Luzhou Xinglu Water (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 semi-annually data reported by the company within the most recent 12 months, which was HK$-77 Mil.

Luzhou Xinglu Water (Group) Co (HKSE:02281) 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.

Luzhou Xinglu Water (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
=	616.798	/	706.556	*	91
=	159.32

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

Luzhou Xinglu Water (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)
=	427.126	-	4421.222	+	0.75 * 616.798	+	0.5 * 81.049
=	-3,491

Luzhou Xinglu Water (Group) Co Change In Receivables Related Terms

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Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN

Website

http://www.lzss.com

Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Fei Zhanbo	2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si	2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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