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Ziel Home Furnishing Technology Co (SZSE:301376) Change In Receivables : ¥5 Mil (TTM As of Mar. 2024)


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What is Ziel Home Furnishing Technology Co Change In Receivables?

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

Ziel Home Furnishing Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-332 Mil. It means Ziel Home Furnishing Technology Co's Accounts Receivable increased by ¥332 Mil from Dec. 2022 to Dec. 2023 .

Ziel Home Furnishing Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥163 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. Ziel Home Furnishing Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ziel Home Furnishing Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-656 Mil.

Ziel Home Furnishing Technology Co Change In Receivables Historical Data

The historical data trend for Ziel Home Furnishing Technology 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.

Ziel Home Furnishing Technology Co Change In Receivables Chart

Ziel Home Furnishing Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -78.08 -230.20 -115.62 -20.13 -332.44

Ziel Home Furnishing Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 -51.84 4.58 - - -

Ziel Home Furnishing Technology 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 ¥5 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.

Ziel Home Furnishing Technology Co  (SZSE:301376) 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.

Ziel Home Furnishing Technology 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
=162.869/1841.61*91
=8.07

2. In Ben Graham's calculation of liquidation value, Ziel Home Furnishing Technology Co's accounts receivable are only considered to be worth 75% of book value:

Ziel Home Furnishing Technology 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)
=1177.734-2513.074+0.75 * 162.869+0.5 * 1114.092
=-656

* 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.

Ziel Home Furnishing Technology Co Change In Receivables Related Terms

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Ziel Home Furnishing Technology Co (SZSE:301376) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ziel Home Furnishing Technology Co Ltd (SZSE:301376) » Definitions » Change In Receivables
Comparable Companies
SZSE:301078 SZSE:002416 SZSE:002344 SHSE:601801 SHSE:603353 SHSE:603230 SZSE:300622 SZSE:002403 SZSE:301335 SHSE:603214 ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY
Traded in Other Exchanges
N/A
Address
No. 198-19, Songshan South Road, No. 601, 6th Floor, Dongfang Building, Erqi, Henan, Zhengzhou, CHN, 450000
Website
https://www.ziel.cn
Ziel Home Furnishing Technology Co Ltd is engaged in research and development, design and sales of home furnishing products such as self-owned brand furniture series, home furnishing series, courtyard series and pet series.

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