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Hongli Zhihui Group Co (SZSE:300219) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Hongli Zhihui Group Co Change In Receivables?

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

Hongli Zhihui Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-271 Mil. It means Hongli Zhihui Group Co's Accounts Receivable increased by ¥271 Mil from Dec. 2022 to Dec. 2023 .

Hongli Zhihui Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,035 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. Hongli Zhihui Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 117.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hongli Zhihui Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-799 Mil.


Hongli Zhihui Group Co Change In Receivables Historical Data

The historical data trend for Hongli Zhihui 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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Hongli Zhihui Group Co Change In Receivables Chart

Hongli Zhihui Group 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 37.47 -31.06 -12.18 -84.84 -270.84

Hongli Zhihui 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 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 - - - - -

Hongli Zhihui 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.

* 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.


Hongli Zhihui Group Co  (SZSE:300219) 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.

Hongli Zhihui 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
=1035.111/805.33*91
=117.29

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

Hongli Zhihui 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)
=716.66-2614.187+0.75 * 1035.111+0.5 * 643.668
=-799

* 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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Hongli Zhihui Group Co (SZSE:300219) Business Description

Traded in Other Exchanges
N/A
Address
West Dongfeng Highway, Auto City Huadu, Guangzhou City, CHN, 510800
Hongli Zhihui Group Co Ltd is engaged in the production and development of SMD LEDs, COB LEDs, High Power LEDs, Automotive LEDs, UV LEDs, LAMP LEDs, and Infrared LEDs. Its products are widely used in applied in general lighting, TV backlight, 3C, automotive lighting, display and other fields.
Executives
Li Jun Dong Directors, executives
Li Guo Ping Director
Liu Xin Guo Director
Jia He Chao Directors, executives
Dong Jin Ling Director
Deng Shou Tie Directors, executives
Yong Xin Supervisors
Sun Chang Yuan Executives
Chen Shu Fen Supervisors
Yang Yong Fa Executives
Wang Yu Hong Director
Lei Li Ning Directors, executives
Shi Chao Supervisors
Liu Yu Sheng Executives

Hongli Zhihui Group Co (SZSE:300219) Headlines

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