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CMST Development Co (SHSE:600787) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is CMST Development Co Change In Receivables?

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

CMST Development Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥235 Mil. It means CMST Development Co's Accounts Receivable declined by ¥235 Mil from Dec. 2022 to Dec. 2023 .

CMST Development Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,229 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. CMST Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CMST Development Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,930 Mil.


CMST Development Co Change In Receivables Historical Data

The historical data trend for CMST Development 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.

CMST Development Co Change In Receivables Chart

CMST Development 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 -887.91 317.74 -169.22 -276.67 235.12

CMST Development 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 - - - - -

CMST Development 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.


CMST Development Co  (SHSE:600787) 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.

CMST Development 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
=1228.726/13929.276*91
=8.05

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

CMST Development 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)
=3774.252-9219.81+0.75 * 1228.726+0.5 * 1187.718
=-3,930

* 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.


CMST Development Co Change In Receivables Related Terms

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CMST Development Co (SHSE:600787) Business Description

Traded in Other Exchanges
N/A
Address
No.188 Western Road of South 4th Ring Road, 18th Building of 6th section, Fengtai District, Beijing, CHN, 100070
CMST Development Co Ltd provides logistics services. The company has modern logistics distribution centres in Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Guangdong, Sichuan, Hebei, Henan, Shaanxi, and Liaoning. It provides the following services: Warehouse and storage, Transportation and distribution, International freight forwarding, Movable assets supervision, logistics plan design, and processing and manufacturing.
Executives
Peng Xi De senior management
Li Yong Zhao Director
Li Da Wei senior management
Wang Yong senior management
Wang Hai Bin Directors, senior managers
Ma De Yin Director
Wei Guang Director
Han Tie Lin Director
Zhou Xiao Hong Supervisors
Wang Xue Ming Director
Xue Bin senior management
Zhao Xiao Hong Director
Dong Xu senior management
Ceng Yong senior management
Xie Jing Fu Director

CMST Development Co (SHSE:600787) Headlines

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