GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Henan Tong-Da Cable Co Ltd (SZSE:002560) » Definitions » Change In Receivables

Henan Tong-Da Cable Co (SZSE:002560) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Henan Tong-Da Cable Co Change In Receivables?

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

Henan Tong-Da Cable Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥56 Mil. It means Henan Tong-Da Cable Co's Accounts Receivable declined by ¥56 Mil from Dec. 2022 to Dec. 2023 .

Henan Tong-Da Cable Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,473 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. Henan Tong-Da Cable Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Henan Tong-Da Cable Co's liquidation value for the three months ended in Mar. 2024 was ¥397 Mil.


Henan Tong-Da Cable Co Change In Receivables Historical Data

The historical data trend for Henan Tong-Da Cable 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.

Henan Tong-Da Cable Co Change In Receivables Chart

Henan Tong-Da Cable 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 89.89 -131.22 -245.43 -296.43 56.09

Henan Tong-Da Cable 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 - - - - -

Henan Tong-Da Cable 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.


Henan Tong-Da Cable Co  (SZSE:002560) 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.

Henan Tong-Da Cable 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
=1473.404/1057.477*91
=127.14

2. In Ben Graham's calculation of liquidation value, Henan Tong-Da Cable Co's accounts receivable are only considered to be worth 75% of book value:

Henan Tong-Da Cable 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)
=835.177-1895.775+0.75 * 1473.404+0.5 * 704.908
=397

* 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.


Henan Tong-Da Cable Co Change In Receivables Related Terms

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


Henan Tong-Da Cable Co (SZSE:002560) Business Description

Traded in Other Exchanges
N/A
Address
Shijiawan Industrial Zone, Henan, Yanshi, CHN, 471922
Henan Tong-Da Cable Co Ltd is engaged in the research, development, and production of wires and cables. The products of the company include home improvement green wire, overhead bare wire, overhead insulated wire, and control cable.
Executives
Liu Zhi Jian Secretary Dong
Yan Wen Ge Executives
Qu Hong Pu Directors, executives
Shi Wan Fu Director
Li Gao Jie Securities Affairs Representative
Cai Xiao Xian Supervisors
Zhang Zhi Zhong Directors, Directors, and Executives
Ma Yan Hong Supervisors
Shao Xue Liang Directors, executives

Henan Tong-Da Cable Co (SZSE:002560) Headlines

No Headlines