Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shanxi Xinghuacun Fen Wine Factory Co Change In Receivables?

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

Shanxi Xinghuacun Fen Wine Factory Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-802 Mil. It means Shanxi Xinghuacun Fen Wine Factory Co's Accounts Receivable increased by ¥802 Mil from Dec. 2022 to Dec. 2023 .

Shanxi Xinghuacun Fen Wine Factory Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥4 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. Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanxi Xinghuacun Fen Wine Factory Co's liquidation value for the three months ended in Mar. 2024 was ¥-4,909 Mil.

Shanxi Xinghuacun Fen Wine Factory Co Change In Receivables Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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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Shanxi Xinghuacun Fen Wine Factory Co Change In Receivables Chart

Shanxi Xinghuacun Fen Wine Factory Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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450.86

-1,858.02

-452.44

3,501.55

-801.77

Shanxi Xinghuacun Fen Wine Factory 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															-	-	-	-	-

Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) 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.

Shanxi Xinghuacun Fen Wine Factory 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
=	4.115	/	15338.104	*	91
=	0.02

2. In Ben Graham's calculation of liquidation value, Shanxi Xinghuacun Fen Wine Factory Co's accounts receivable are only considered to be worth 75% of book value:

Shanxi Xinghuacun Fen Wine Factory 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)
=	5508.585	-	15891.098	+	0.75 * 4.115	+	0.5 * 10940.105
=	-4,909

Shanxi Xinghuacun Fen Wine Factory Co Change In Receivables Related Terms

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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Shanxi Xinghuacun Fen Wine Factory Co Ltd (SHSE:600809) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205

Website

http://www.fenjiu.com.cn

Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.

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