GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Vanadium Titano-Magnetite Mining Co Ltd (HKSE:00893) » Definitions » Change In Receivables

China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Change In Receivables : HK$90.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is China Vanadium Titano-Magnetite Mining Co Change In Receivables?

China Vanadium Titano-Magnetite Mining Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-133.5 Mil. It means China Vanadium Titano-Magnetite Mining Co's Accounts Receivable increased by HK$133.5 Mil from Jun. 2023 to Dec. 2023 .

China Vanadium Titano-Magnetite Mining Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$90.9 Mil. It means China Vanadium Titano-Magnetite Mining Co's Accounts Receivable declined by HK$90.9 Mil from Dec. 2022 to Dec. 2023 .

China Vanadium Titano-Magnetite Mining Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$109.7 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. China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Vanadium Titano-Magnetite Mining Co's liquidation value for the six months ended in Dec. 2023 was HK$-300.2 Mil.

China Vanadium Titano-Magnetite Mining Co Change In Receivables Historical Data

The historical data trend for China Vanadium Titano-Magnetite Mining 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.

China Vanadium Titano-Magnetite Mining Co Change In Receivables Chart

China Vanadium Titano-Magnetite Mining 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 -54.53 5.15 -27.86 -4.43 90.92

China Vanadium Titano-Magnetite Mining Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 209.72 -11.41 6.44 224.37 -133.46

China Vanadium Titano-Magnetite Mining 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$90.9 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.

China Vanadium Titano-Magnetite Mining Co  (HKSE:00893) 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.

China Vanadium Titano-Magnetite Mining Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=109.695/550.746*91
=36.35

2. In Ben Graham's calculation of liquidation value, China Vanadium Titano-Magnetite Mining Co's accounts receivable are only considered to be worth 75% of book value:

China Vanadium Titano-Magnetite Mining Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.792-401.452+0.75 * 109.695+0.5 * 20.448
=-300.2

* 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.

China Vanadium Titano-Magnetite Mining Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of China Vanadium Titano-Magnetite Mining Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Vanadium Titano-Magnetite Mining Co Ltd (HKSE:00893) » Definitions » Change In Receivables
Comparable Companies
HKSE:01001 HKSE:08140 HKSE:01938 HKSE:01266 HKSE:01894 HKSE:06890 HKSE:00103 HKSE:01118 HKSE:02738 HKSE:01553 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
CV8S:Germany
Address
1 Matheson Street, 31st Floor, Tower Two Times Square, Causeway Bay, Hong Kong, HKG
Website
https://www.chinavtmmining.com
China Vanadium Titano-Magnetite Mining Co Ltd is engaged in mining and ore processing; sale of self-produced products; trading of steels; management of strategic investments; and rendering of specialized mining services. Its segments include the High-Fe Mining operation segment comprises the operation of the sale of self-produced high-grade iron concentrates within the range of 65% TFe to 72% TFe and the provision of consultancy and management services; the Trading segment comprises the operation of the sale of traded products; and the Corporate and others segment covers the nonoperating activities supporting the group which includes the central functions such as the functional costs that have not been allocated to the other segments.
Executives
Erie Investments Limited 2101 Beneficial owner
Jiang Hua 2202 Interest of your spouse
Zou Hua 2201 Interest of corporation controlled by you
Kingston Grand Limited 2201 Interest of corporation controlled by you
Li Hesheng 2401 A concert party to an agreement to buy shares
Long Sino International Limited 2201 Interest of corporation controlled by you
Shi Yinjun 2401 A concert party to an agreement to buy shares
Trisonic International Limited 2101 Beneficial owner
Wang Jin 2201 Interest of corporation controlled by you
Wu Wendong 2401 A concert party to an agreement to buy shares
Yang Xianlu 2401 A concert party to an agreement to buy shares
Zhang Yuangui 2401 A concert party to an agreement to buy shares
Si Chuan Xin Tuo You Xian Gong Si 2106 Person having a security interest in shares

China Vanadium Titano-Magnetite Mining Co (HKSE:00893) Headlines

No Headlines