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Aluminum of China (SHSE:601600) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Aluminum of China Change In Receivables?

Aluminum of China's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Aluminum of China's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Aluminum of China's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-652 Mil. It means Aluminum of China's Accounts Receivable increased by ¥652 Mil from Dec. 2022 to Dec. 2023 .

Aluminum of China's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥5,385 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. Aluminum of China's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aluminum of China's liquidation value for the three months ended in Mar. 2024 was ¥-70,555 Mil.


Aluminum of China Change In Receivables Historical Data

The historical data trend for Aluminum of China'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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Aluminum of China Change In Receivables Chart

Aluminum of China 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 -1,050.94 -4,328.24 -510.11 -1,095.68 -651.51

Aluminum of China 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 - - - - -

Aluminum of China 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.


Aluminum of China  (SHSE:601600) 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.

Aluminum of China's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5385.29/48955.678*91
=10.04

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

Aluminum of China'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)
=22405.891-110252.285+0.75 * 5385.29+0.5 * 26504.736
=-70,555

* 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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Aluminum of China (SHSE:601600) Business Description

Traded in Other Exchanges
Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.
Executives
Jiang Ying Gang Director
Zhao Zhao Supervisors

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