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Zhenhai Petrochemical Engineering Co (SHSE:603637) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Zhenhai Petrochemical Engineering Co Change In Receivables?

Zhenhai Petrochemical Engineering Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Zhenhai Petrochemical Engineering Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Zhenhai Petrochemical Engineering Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥5.1 Mil. It means Zhenhai Petrochemical Engineering Co's Accounts Receivable declined by ¥5.1 Mil from Dec. 2022 to Dec. 2023 .

Zhenhai Petrochemical Engineering Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥128.9 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. Zhenhai Petrochemical Engineering Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 92.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhenhai Petrochemical Engineering Co's liquidation value for the three months ended in Sep. 2024 was ¥622.8 Mil.


Zhenhai Petrochemical Engineering Co Change In Receivables Historical Data

The historical data trend for Zhenhai Petrochemical Engineering 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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Zhenhai Petrochemical Engineering Co Change In Receivables Chart

Zhenhai Petrochemical Engineering 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 60.70 -253.41 102.90 29.27 5.06

Zhenhai Petrochemical Engineering Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Zhenhai Petrochemical Engineering 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Zhenhai Petrochemical Engineering Co  (SHSE:603637) 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.

Zhenhai Petrochemical Engineering Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=128.905/127.542*91
=92.23

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

Zhenhai Petrochemical Engineering Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=911.913-385.788+0.75 * 128.905+0.5 * 0.083
=622.8

* 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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Zhenhai Petrochemical Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No.36, Xinghai South Road, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315042
Zhenhai Petrochemical Engineering Co Ltd provides construction of petrochemical engineering and technical services. Its services include engineering contracting, engineering design, project management, supervision, and engineering consulting project trial price and bidding agency, and other businesses. The company offers various forms of construction services, and technology development and application services; and project contract management services primarily for the petrochemical industry.
Executives
Feng Lu Miao Director
Yu Jin Supervisors
Qi Yuan Qing senior management
Jin Chang senior management
Yang Xiang Yi Director
Zhang Jing Director
Gai Xiao Dong Director
Shi Dan Director
Fan Qi Hai Director
Zhang Yi Gang Director
Zhao Li Wei Director
You Pei Di Director
Fan Xiao Mei Director
Cai Jin Song Director
Song Tao Director

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