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Fujian Highton Development Co (SHSE:603162) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Fujian Highton Development Co Change In Receivables?

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

Fujian Highton Development Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-152 Mil. It means Fujian Highton Development Co's Accounts Receivable increased by ¥152 Mil from Dec. 2022 to Dec. 2023 .

Fujian Highton Development Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥158 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. Fujian Highton Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fujian Highton Development Co's liquidation value for the three months ended in Mar. 2024 was ¥290 Mil.


Fujian Highton Development Co Change In Receivables Historical Data

The historical data trend for Fujian Highton 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.

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Fujian Highton Development Co Change In Receivables Chart

Fujian Highton Development Co Annual Data
Trend Dec13 Dec14 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial - -41.66 -66.03 -9.82 -152.33

Fujian Highton Development Co Quarterly Data
Dec13 Jun14 Dec14 Jun15 Dec19 Dec20 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 - - - - -

Fujian Highton 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.


Fujian Highton Development Co  (SHSE:603162) 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.

Fujian Highton 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
=158.133/797.649*91
=18.09

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

Fujian Highton 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)
=950.844-810.788+0.75 * 158.133+0.5 * 63.082
=290

* 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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Fujian Highton Development Co (SHSE:603162) Business Description

Traded in Other Exchanges
N/A
Address
Jinjingwan Business Operation Center, Room 1705-2, Floor 17, Building 3, Pingtan Comprehensive Experimental Zone, Fujian Province, CHN, 350401
Fujian Highton Development Co Ltd is mainly engaged in domestic coastal and international ocean shipping of dry bulk cargo.
Executives
Zheng Yu Fang Directors, senior managers
Ceng Er Bin Director
Le Jun Jie Director
Huang Tian Tian senior management
Liu Guo Yong Directors, senior managers

Fujian Highton Development Co (SHSE:603162) Headlines

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