Fulongma Group Co (SHSE:603686) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Fulongma Group Co Change In Receivables?

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

Fulongma Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-81 Mil. It means Fulongma Group Co's Accounts Receivable increased by ¥81 Mil from Dec. 2022 to Dec. 2023 .

Fulongma Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,660 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. Fulongma Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fulongma Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-453 Mil.

Fulongma Group Co Change In Receivables Historical Data

The historical data trend for Fulongma 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.

* Premium members only.

Fulongma Group Co Change In Receivables Chart

Fulongma Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-148.22

-196.47

-627.03

-543.32

-81.48

Fulongma Group 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															-	-	-	-	-

Fulongma 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.

Fulongma Group Co (SHSE:603686) 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.

Fulongma 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
=	1659.533	/	1184.952	*	91
=	127.80

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

Fulongma 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)
=	653.607	-	2547.368	+	0.75 * 1659.533	+	0.5 * 393.126
=	-453

Fulongma Group Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Fulongma Group Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Fulongma Group Co (SHSE:603686) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fulongma Group Co Ltd (SHSE:603686) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 42, Longteng South Road, Donghua Community, Dongxiao Town, Xinluo District, Fujian Province, Longyan, CHN, 364028

Website

http://www.fjlm.com.cn

Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.

Executives

Shen Jia Qing	Supervisors
Zhang Gui Feng	Director
Yang Yu Zhong	Directors, senior managers
Li Xiao Bing	Director
Li Kai Sen	Supervisors
Lin Hong Zhen	senior management
Bai Yun Long	senior management
Zhang Gui Chao	Directors, senior managers
Ceng En Hua	senior management
Chen Jing Jie	Director
Rong Min Long	senior management
Liao Jian He	senior management
Chen Yong Qi	senior management
Lin Zhen	Supervisors

Fulongma Group Co (SHSE:603686) Headlines

No Headlines