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Guangbo Group Stock Co (SZSE:002103) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangbo Group Stock Co Change In Receivables?

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

Guangbo Group Stock Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥156 Mil. It means Guangbo Group Stock Co's Accounts Receivable declined by ¥156 Mil from Dec. 2022 to Dec. 2023 .

Guangbo Group Stock Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥328 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. Guangbo Group Stock Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangbo Group Stock Co's liquidation value for the three months ended in Mar. 2024 was ¥-14 Mil.


Guangbo Group Stock Co Change In Receivables Historical Data

The historical data trend for Guangbo Group Stock 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.

Guangbo Group Stock Co Change In Receivables Chart

Guangbo Group Stock Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.90 -87.17 70.03 -204.06 155.54

Guangbo Group Stock 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Guangbo Group Stock 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.


Guangbo Group Stock Co  (SZSE:002103) 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.

Guangbo Group Stock 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
=328.12/439.878*91
=68.07

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

Guangbo Group Stock 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)
=318.99-655.862+0.75 * 328.12+0.5 * 153.375
=-14

* 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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Guangbo Group Stock Co (SZSE:002103) Business Description

Traded in Other Exchanges
N/A
Address
Che He, Shijie Street, Haishu District, Zhejiang Province, Ningbo, CHN, 315153
Guangbo Group Stock Co Ltd is involved in making office stationery, printing paper products, plastic products and export-import trade. Its products are found in supermarkets and wholesale markets in large and medium cities in China.
Executives
Ren Hang Zhong Director
Hu Zhi Ming Director
Dai Guo Ping Directors, executives
Wang Li Ping Director
Lin Xiao Fan Supervisors
Wang Jun Ping Directors, executives
Yang Hao Yue Securities Affairs Representative
Yin Zhong Li Independent director
Zhu Guo Zhang Supervisors

Guangbo Group Stock Co (SZSE:002103) Headlines

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