Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Pangang Group Vanadium & Titanium Resources Co Change In Receivables?

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

Pangang Group Vanadium & Titanium Resources Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-686 Mil. It means Pangang Group Vanadium & Titanium Resources Co's Accounts Receivable increased by ¥686 Mil from Dec. 2022 to Dec. 2023 .

Pangang Group Vanadium & Titanium Resources Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥180 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. Pangang Group Vanadium & Titanium Resources Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pangang Group Vanadium & Titanium Resources Co's liquidation value for the three months ended in Mar. 2024 was ¥-935 Mil.

Pangang Group Vanadium & Titanium Resources Co Change In Receivables Historical Data

The historical data trend for Pangang Group Vanadium & Titanium Resources 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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Pangang Group Vanadium & Titanium Resources Co Change In Receivables Chart

Pangang Group Vanadium & Titanium Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1,105.65

-51.16

-235.18

-170.33

-686.47

Pangang Group Vanadium & Titanium Resources 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															-	-	-	-	-

Pangang Group Vanadium & Titanium Resources 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.

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) 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.

Pangang Group Vanadium & Titanium Resources 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
=	180.219	/	3586.292	*	91
=	4.59

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

Pangang Group Vanadium & Titanium Resources 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)
=	1070.426	-	2656.593	+	0.75 * 180.219	+	0.5 * 1032.426
=	-935

Pangang Group Vanadium & Titanium Resources Co Change In Receivables Related Terms

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Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pangang Group Vanadium & Titanium Resources Co Ltd (SZSE:000629) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

West Section of Gangcheng Avenue, Panzhihua Culture Square, No. 21, East District, Sichuan Province, Panzhihua, CHN, 617067

Website

http://www.pgvt.cn

Pangang Group Vanadium Titanium & Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company products are used in steel, chemical, military, electronics, and other industries.

Executives

Zhang Yu Dong	Supervisors
Xie Zheng Min	Executives
Liu Jie	Director
Zheng Yong Xiong	Supervisors
Du Si Hong	Executives
Zhang Da De	Director
Wang Zhang Min	Executives
Zhang Zhi Jie	Supervisors
Sun Ren Xiao	Director
Tian Ye	Director
Liu Jun	Executives
Xue Pei Hua	Executives
Xue Shi Cheng	Director
Jiao Jing Min	Executives
Liu Xin Hui	Supervisors

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Headlines

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