Zhongyu Energy Holdings (HKSE:03633) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Zhongyu Energy Holdings Change In Receivables?

Zhongyu Energy Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Zhongyu Energy Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Zhongyu Energy Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-222 Mil. It means Zhongyu Energy Holdings's Accounts Receivable increased by HK$222 Mil from Dec. 2022 to Dec. 2023 .

Zhongyu Energy Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2,135 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. Zhongyu Energy Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 58.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhongyu Energy Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-14,170 Mil.

Zhongyu Energy Holdings Change In Receivables Historical Data

The historical data trend for Zhongyu Energy Holdings'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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Zhongyu Energy Holdings Change In Receivables Chart

Zhongyu Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.87

-448.93

-107.04

18.95

-221.76

Zhongyu Energy Holdings 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															-	-	-	-	-

Zhongyu Energy Holdings 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$0 Mil.

Zhongyu Energy Holdings (HKSE:03633) 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.

Zhongyu Energy Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2134.904	/	6622.319	*	91
=	58.83

2. In Ben Graham's calculation of liquidation value, Zhongyu Energy Holdings's accounts receivable are only considered to be worth 75% of book value:

Zhongyu Energy Holdings'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)
=	1522.684	-	17736.68	+	0.75 * 2134.904	+	0.5 * 885.906
=	-14,170

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Zhongyu Energy Holdings (HKSE:03633) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zhongyu Energy Holdings Ltd (HKSE:03633) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

27th Floor, Building B, Meilin Center Square, South Plaza, Futian District, Guangdong Province, Shenzhen, CHN

Website

https://www.zhongyuenergy.com

Zhongyu Energy Holdings Ltd is mainly engaged in the sales of piped gas. Its business segments include sales of gas; gas pipeline construction; value-added services (including sales of stoves and provision of other related services); operation of CNG/LNG vehicle filling stations; and smart energy. The majority of revenue is derived from the sale of gas segment.

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