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YTO Express Group Co (SHSE:600233) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is YTO Express Group Co Change In Receivables?

YTO Express Group Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means YTO Express Group Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

YTO Express Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-196 Mil. It means YTO Express Group Co's Accounts Receivable increased by ¥196 Mil from Dec. 2022 to Dec. 2023 .

YTO Express Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,717 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. YTO Express Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. YTO Express Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,669 Mil.


YTO Express Group Co Change In Receivables Historical Data

The historical data trend for YTO Express 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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YTO Express Group Co Change In Receivables Chart

YTO Express Group Co 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 19.38 -613.94 -898.23 444.85 -196.44

YTO Express Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

YTO Express 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥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.


YTO Express Group Co  (SHSE:600233) 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.

YTO Express Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1716.583/15427.432*91
=10.15

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

YTO Express Group Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7878.239-12902.872+0.75 * 1716.583+0.5 * 136.74
=-3,669

* 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.


YTO Express Group Co Change In Receivables Related Terms

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YTO Express Group Co (SHSE:600233) Business Description

Traded in Other Exchanges
N/A
Address
Xu Highway 3029, Huaxin Town, Qingpu District, Shanghai, CHN, 201705
YTO Express is one of the Tongda Operators—the top four national express delivery companies that use the network partner model. In this model, Tongdas provide line-haul transportation, sorting, and waybill services to their network partners for fees, while their local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect customer payments. The company was founded by Yu Huijiao in 2020. Yu remains chair and president with a 33.22% stake as of Sept. 30, 2023. Yu and Zhang Xiao Juan, who owned 2.15% of YTO as of that date, are persons acting in concert. YTO's strategic shareholder is leading China e-commerce company Alibaba Group and its affiliated companies, with around a 20.65% interest as of Dec. 2, 2023.

YTO Express Group Co (SHSE:600233) Headlines

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