Tengda Construction Group Co (SHSE:600512) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Tengda Construction Group Co Change In Receivables?

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

Tengda Construction Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-340 Mil. It means Tengda Construction Group Co's Accounts Receivable increased by ¥340 Mil from Dec. 2022 to Dec. 2023 .

Tengda Construction Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥487 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. Tengda Construction Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tengda Construction Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-126 Mil.

Tengda Construction Group Co Change In Receivables Historical Data

The historical data trend for Tengda Construction 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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Tengda Construction Group Co Change In Receivables Chart

Tengda Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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654.31

-56.92

-347.16

-243.66

-339.73

Tengda Construction 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															-	-	-	-	-

Tengda Construction 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.

Tengda Construction Group Co (SHSE:600512) 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.

Tengda Construction 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
=	486.761	/	755.827	*	91
=	58.77

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

Tengda Construction 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)
=	2612.349	-	4225.285	+	0.75 * 486.761	+	0.5 * 2244.504
=	-126

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Tengda Construction Group Co (SHSE:600512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tengda Construction Group Co Ltd (SHSE:600512) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Luqiao Avenue East, Luqiao District, Taizhou, Zhejiang, CHN, 318050

Website

http://www.tengdajs.com

Tengda Construction Group Co Ltd is a China-based company engaged in construction engineering and operation of railways, roads, and bridges. It is mainly engaged in urban roads, bridges, elevated roads, rail transit, sewage treatment, highways, housing construction and other projects. The company conducts its businesses primarily in domestic markets.

Executives

Yan Wei Lei	senior management
Wang Zheng Chu	senior management
Ye Li Jun	Director
Yang Jiu Ru	Directors, senior managers
Sun Jiu Chun	Directors, senior managers
Wang Gui	senior management
Ye Xiao Gen	Director
Ye Lin Fu	Director
Chen Hua Cai	Director
Lin Huan	Supervisors
Ye Yang Zeng	senior management
Ye Li Chun	Director
Xu Jun Ming	Director
Ye Chun Fang	Director
Ye Chun Fang	Director

Tengda Construction Group Co (SHSE:600512) Headlines

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