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State Grid Yingda Co (SHSE:600517) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is State Grid Yingda Co Change In Receivables?

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

State Grid Yingda Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-2,304 Mil. It means State Grid Yingda Co's Accounts Receivable increased by ¥2,304 Mil from Dec. 2022 to Dec. 2023 .

State Grid Yingda Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,256 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. State Grid Yingda Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 145.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. State Grid Yingda Co's liquidation value for the three months ended in Mar. 2024 was ¥9,528 Mil.


State Grid Yingda Co Change In Receivables Historical Data

The historical data trend for State Grid Yingda 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.

* Premium members only.

State Grid Yingda Co Change In Receivables Chart

State Grid Yingda 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 -410.94 -2,683.01 -4,867.68 150.08 -2,303.71

State Grid Yingda 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 - - - - -

State Grid Yingda 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.


State Grid Yingda Co  (SHSE:600517) 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.

State Grid Yingda 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
=3256.324/2041.658*91
=145.54

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

State Grid Yingda 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)
=26638.035-20294.422+0.75 * 3256.324+0.5 * 1484.292
=9,528

* 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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State Grid Yingda Co (SHSE:600517) Business Description

Traded in Other Exchanges
N/A
Address
No. 2239 Hongqiao Road, Shanghai, CHN, 200335
State Grid Yingda Co Ltd, formerly Shanghai Zhixin Electric Co Ltd specializes in the development, production and sale of amorphous alloy transformers in China.
Executives
Xing Jun senior management
Li Li senior management
Que Lian Yuan senior management
Chen Ying Yi Director
Zhang Hui Yong senior management
Niu Xi Hong senior management
Chen Li Quan senior management
Zhang Chun senior management
Ling Jian senior management
Liu Jian Xin senior management
Zhang Jian Ming Director

State Grid Yingda Co (SHSE:600517) Headlines

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