Chen Ke Ming Food Manufacturing Co (SZSE:002661) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Chen Ke Ming Food Manufacturing Co Change In Receivables?

Chen Ke Ming Food Manufacturing Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Chen Ke Ming Food Manufacturing Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Chen Ke Ming Food Manufacturing Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥116 Mil. It means Chen Ke Ming Food Manufacturing Co's Accounts Receivable declined by ¥116 Mil from Dec. 2022 to Dec. 2023 .

Chen Ke Ming Food Manufacturing Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥72 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. Chen Ke Ming Food Manufacturing Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chen Ke Ming Food Manufacturing Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,101 Mil.

Chen Ke Ming Food Manufacturing Co Change In Receivables Historical Data

The historical data trend for Chen Ke Ming Food Manufacturing 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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Chen Ke Ming Food Manufacturing Co Change In Receivables Chart

Chen Ke Ming Food Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-42.05

86.56

27.88

47.98

115.93

Chen Ke Ming Food Manufacturing 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															-	-	-	-	-

Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co (SZSE:002661) 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.

Chen Ke Ming Food Manufacturing 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
=	71.76	/	1296.791	*	91
=	5.05

2. In Ben Graham's calculation of liquidation value, Chen Ke Ming Food Manufacturing Co's accounts receivable are only considered to be worth 75% of book value:

Chen Ke Ming Food Manufacturing 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)
=	870.816	-	3233.126	+	0.75 * 71.76	+	0.5 * 415.919
=	-2,101

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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chen Ke Ming Food Manufacturing Co Ltd (SZSE:002661) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116

Website

http://www.kemen.net.cn

Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.

Executives

Chen Hong	Directors, executives
Chen Yan	Secretary, Director
Yang Bo	Executives
Zhang Bo Dong	Executives
Zhang Xiao	Executives
Li Rui	Executives
Duan Ju Xiang	Director
Zhang Jun Hui	Executives
Chen Ke Zhong	Director
Yang Li Juan	Supervisors
Zhang Mu Lin	Independent director
Li Qing Long	Independent director
Chen Ke Ming	Director
Chen Hui	Director
Wang Yong	Secretary, Director

Chen Ke Ming Food Manufacturing Co (SZSE:002661) Headlines

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