Zhejiang Shuanghuan Driveline Co (SZSE:002472) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Zhejiang Shuanghuan Driveline Co Change In Receivables?

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

Zhejiang Shuanghuan Driveline Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-564 Mil. It means Zhejiang Shuanghuan Driveline Co's Accounts Receivable increased by ¥564 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Shuanghuan Driveline Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,096 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. Zhejiang Shuanghuan Driveline Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Shuanghuan Driveline Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,662 Mil.

Zhejiang Shuanghuan Driveline Co Change In Receivables Historical Data

The historical data trend for Zhejiang Shuanghuan Driveline 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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Zhejiang Shuanghuan Driveline Co Change In Receivables Chart

Zhejiang Shuanghuan Driveline Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-302.96

-400.33

-343.30

-533.42

-564.20

Zhejiang Shuanghuan Driveline 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															-	-	-	-	-

Zhejiang Shuanghuan Driveline 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.

Zhejiang Shuanghuan Driveline Co (SZSE:002472) 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.

Zhejiang Shuanghuan Driveline 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
=	2095.597	/	2074.505	*	91
=	92.18

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

Zhejiang Shuanghuan Driveline 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)
=	1502.98	-	5673.696	+	0.75 * 2095.597	+	0.5 * 1874.548
=	-1,662

Zhejiang Shuanghuan Driveline Co Change In Receivables Related Terms

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Zhejiang Shuanghuan Driveline Co (SZSE:002472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Shuanghuan Driveline Co Ltd (SZSE:002472) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Electrical and Industrial Zone, Yuhuan County, Zhejiang Province, Taizhou, CHN, 317600

Website

http://www.gearsnet.com

Zhejiang Shuanghuan Driveline Co Ltd is engaged in the manufacture of gears and shafts for automobiles, motorcycles, trucks and heavy equipment in China. It is engaged in research, development, design, and manufacture of passenger car gears, power tool gears, construction machinery gears, motorcycle gears and commercial vehicle gears.

Executives

Li Yu	Supervisors
Geng Shuai	Directors, executives
Zhang Jing	Director
Ye Song	Secretary Dong
Li Shao Guang	Supervisors
Dong Mei Zhu	Supervisors
Zhou Zhi Qiang	Supervisors
Yang Dong Po	Supervisors
	Executives
Li Shui Tu	Directors, executives
Ye Ji Ming	Supervisors
Chen Jian Feng	Supervisors
Huang Liang Bin	Directors, executives
Wu Zhang Hong	Directors, executives
Jiang Yi Qing	Directors, executives

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Headlines

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