Weihai City Commercial Bank Co (HKSE:09677) Change In Receivables : HK$-2,465 Mil (TTM As of Dec. 2023)

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What is Weihai City Commercial Bank Co Change In Receivables?

Weihai City Commercial Bank Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-20 Mil. It means Weihai City Commercial Bank Co's Accounts Receivable increased by HK$20 Mil from Jun. 2023 to Dec. 2023 .

Weihai City Commercial Bank Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-2,465 Mil. It means Weihai City Commercial Bank Co's Accounts Receivable increased by HK$2,465 Mil from Dec. 2022 to Dec. 2023 .

Weihai City Commercial Bank Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0 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. Weihai City Commercial Bank Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Weihai City Commercial Bank Co's liquidation value for the six months ended in Dec. 2023 was HK$-364,318 Mil.

Weihai City Commercial Bank Co Change In Receivables Historical Data

The historical data trend for Weihai City Commercial Bank 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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Weihai City Commercial Bank Co Change In Receivables Chart

Weihai City Commercial Bank Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,452.49

-3,399.63

-627.48

-3,896.93

-2,465.30

Weihai City Commercial Bank Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							1,348.19	-4,816.35	691.45	-2,445.11	-20.20

Weihai City Commercial Bank 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$-2,465 Mil.

Weihai City Commercial Bank Co (HKSE:09677) 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.

Weihai City Commercial Bank 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
=	0	/	4029.756	*	91
=	0.00

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

Weihai City Commercial Bank 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)
=	33673.966	-	397992.156	+	0.75 * 0	+	0.5 * 0
=	-364,318

Weihai City Commercial Bank Co Change In Receivables Related Terms

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Weihai City Commercial Bank Co (HKSE:09677) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Weihai City Commercial Bank Co Ltd (HKSE:09677) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 9 Baoquan Road, Finance Building, Shandong Province, Weihai, CHN, 264200

Website

https://www.whccb.com

Weihai City Commercial Bank Co Ltd offers banking services. The group's principal businesses include corporate banking, retail banking, financial market business, and others. It generates maximum revenue from the corporate banking segment. The Corporate banking segment represents the provision of a range of financial products and services to corporations, government agencies, and financial institutions. Its products and services include corporate loans and advances, trade financing, deposit-taking activities, agency services, wealth management services, consulting and advisory services, remittance and settlement services, guarantee services, and finance leasing services.

Executives

Teda Investment Holding Co., Ltd.	2101 Beneficial owner
Jin Lian Ji Tuan You Xian Gong Si	2101 Beneficial owner
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Trafigura Pte Ltd	2101 Beneficial owner
Global Miles International Holdings Limited	2101 Beneficial owner
He Ze Cheng Tou Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Heze City Investment Holdings Hong Kong International Co.,limited	2101 Beneficial owner
Liu Zhiming	2201 Interest of corporation controlled by you
Shan Dong Tong Da Jin Rong Zu Lin You Xian Gong Si	2106 Person having a security interest in shares
Shan Dong Zhao Jin Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Jin Kuang Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shan Dong Zhao Jin Ji Tuan Cai Wu You Xian Gong Si	2101 Beneficial owner
China Hongqiao Group Limited	2101 Beneficial owner
Ji Nan Li Cheng Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner

Weihai City Commercial Bank Co (HKSE:09677) Headlines

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