Grandtop Yongxing Group Co (SHSE:601033) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Grandtop Yongxing Group Co Change In Receivables?

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

Grandtop Yongxing Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-490 Mil. It means Grandtop Yongxing Group Co's Accounts Receivable increased by ¥490 Mil from Dec. 2022 to Dec. 2023 .

Grandtop Yongxing Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,511 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. Grandtop Yongxing Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 148.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grandtop Yongxing Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-11,316 Mil.

Grandtop Yongxing Group Co Change In Receivables Historical Data

The historical data trend for Grandtop Yongxing 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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Grandtop Yongxing Group Co Change In Receivables Chart

Grandtop Yongxing Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-54.33

68.65

-469.62

-89.18

-490.21

Grandtop Yongxing Group Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

Grandtop Yongxing 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.

Grandtop Yongxing Group Co (SHSE:601033) 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.

Grandtop Yongxing 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
=	1510.98	/	928.318	*	91
=	148.52

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

Grandtop Yongxing 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)
=	3250.355	-	15736.366	+	0.75 * 1510.98	+	0.5 * 74.042
=	-11,316

Grandtop Yongxing Group Co Change In Receivables Related Terms

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Grandtop Yongxing Group Co (SHSE:601033) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grandtop Yongxing Group Co Ltd (SHSE:601033) » Definitions » Change In Receivables

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Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.

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