Xinjiang Communications Construction Group Co (SZSE:002941) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Xinjiang Communications Construction Group Co Change In Receivables?

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

Xinjiang Communications Construction Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥47 Mil. It means Xinjiang Communications Construction Group Co's Accounts Receivable declined by ¥47 Mil from Dec. 2022 to Dec. 2023 .

Xinjiang Communications Construction Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,110 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. Xinjiang Communications Construction Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 483.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xinjiang Communications Construction Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-8,832 Mil.

Xinjiang Communications Construction Group Co Change In Receivables Historical Data

The historical data trend for Xinjiang Communications Construction 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.

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Xinjiang Communications Construction Group Co Change In Receivables Chart

Xinjiang Communications Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-893.37

-1,217.63

-1,317.89

102.75

47.09

Xinjiang Communications Construction 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															-	-	-	-	-

Xinjiang Communications Construction 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.

Xinjiang Communications Construction Group Co (SZSE:002941) 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.

Xinjiang Communications Construction 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
=	2110.454	/	398.092	*	91
=	483.75

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

Xinjiang Communications Construction 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)
=	2652.068	-	13149.325	+	0.75 * 2110.454	+	0.5 * 164.841
=	-8,832

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Xinjiang Communications Construction Group Co (SZSE:002941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Xinjiang Communications Construction Group Co Ltd (SZSE:002941) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 229, Lushan Road, Economic and Technological Development Zone, Xinjiang, Urumqi, CHN

Website

http://www.xjjtjt.com

Xinjiang Communications Construction Group Co Ltd operates as a transportation infrastructure construction industry in Xinjiang. It mainly focuses on highways, bridges, traffic safety facilities, technology maintenance, road and bridge test, and other business projects. The company operates in four business areas including infrastructure business, overseas business, material logistics business, and other business.

Executives

Lin Qiang	Directors, executives
Wang Cheng	Directors, executives
Yu Hong Yin	Director
Shen Jin Sheng	Director
Sui Shao Xin	Director
Huang Yong	Executives
Xiong Gang	Executives
Sai Li Ke A Wu Ha Li	Executives
Ceng Xue Yu	Executives
Zhu Tian Shan	Director
Hu Zhong Dong	Supervisors

Xinjiang Communications Construction Group Co (SZSE:002941) Headlines

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