Tongling Nonferrous Metals Group Co (SZSE:000630) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Tongling Nonferrous Metals Group Co Change In Receivables?

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

Tongling Nonferrous Metals Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-2,741 Mil. It means Tongling Nonferrous Metals Group Co's Accounts Receivable increased by ¥2,741 Mil from Dec. 2022 to Dec. 2023 .

Tongling Nonferrous Metals Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,060 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. Tongling Nonferrous Metals Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tongling Nonferrous Metals Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-18,325 Mil.

Tongling Nonferrous Metals Group Co Change In Receivables Historical Data

The historical data trend for Tongling Nonferrous Metals 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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Tongling Nonferrous Metals Group Co Change In Receivables Chart

Tongling Nonferrous Metals Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-213.60

1,175.43

-4,746.74

1,397.34

-2,740.73

Tongling Nonferrous Metals 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															-	-	-	-	-

Tongling Nonferrous Metals 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.

Tongling Nonferrous Metals Group Co (SZSE:000630) 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.

Tongling Nonferrous Metals 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
=	2060.126	/	32720.084	*	91
=	5.75

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

Tongling Nonferrous Metals 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)
=	11992.519	-	41634.294	+	0.75 * 2060.126	+	0.5 * 19542.965
=	-18,325

Tongling Nonferrous Metals Group Co Change In Receivables Related Terms

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Tongling Nonferrous Metals Group Co (SZSE:000630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tongling Nonferrous Metals Group Co Ltd (SZSE:000630) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Changjiang West Road, West Building, Nonferrous Courtyard, Anhui Province, Tongling, CHN, 244000

Website

http://www.tlys.cn

Tongling Nonferrous Metals Group Co Ltd is engaged in the business of copper exploration, mining, smelting and deep processing. Its product include cathode copper, gold, silver, and copper, Wire, copper strip and copper foil. The company operates in more than 30 countries. Its products are used in electric power, construction, automotive, home appliances, electronics, and defense.

Executives

Jiang Pei Jin	Directors, executives
Wu He Ping	Secretary, Director
Liu Dao Kun	Executives
Zhou Jun	Director
Zou Xian Ji	Supervisors
Xu Wu Qi	Director
Yang Li Sheng	Executives
Fang Wen Sheng	Executives
Dai Sheng Hong	Supervisors
Liu Jian She	Executives
Song Xiu Ming	Executives
Wei Jiang Hong	Director
Yang Jun	Directors, executives
Zhan De Guang	Executives
Wu Guo Zhong	Director

Tongling Nonferrous Metals Group Co (SZSE:000630) Headlines

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