
MingZhu Logistics Holdings Limited YGMZ
Annual report 2021
added 09-13-2022
MingZhu Logistics Holdings Limited Accounts Receivables 2011-2026 | YGMZ
Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.Examples of accounts receivable
- Customers have not paid invoices for delivered products
- An advance has been paid to a supplier, but goods have not yet been received
- Employees have not reported on accountable amounts
- The government must refund tax overpayments
- Outstanding loans issued
- Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment. - Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages. - Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)
Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)
If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.
Annual Accounts Receivables MingZhu Logistics Holdings Limited
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.65 M | 5.34 M | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 5.34 M | 3.65 M | 4.5 M |
Quarterly Accounts Receivables MingZhu Logistics Holdings Limited
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 3.65 M | - | - | - | 5.34 M | - | - | - | 10.9 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 10.9 M | 3.65 M | 6.63 M |
Accounts Receivables of other stocks in the Transport logistics industry
| Issuer | Accounts Receivables | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
C.H. Robinson Worldwide
CHRW
|
2.36 B | $ 167.01 | -1.18 % | $ 20.1 B | ||
|
Air Transport Services Group
ATSG
|
208 M | - | 0.04 % | $ 1.46 B | ||
|
Covenant Logistics Group
CVLG
|
142 M | $ 27.75 | -1.32 % | $ 730 M | ||
|
ArcBest Corporation
ARCB
|
371 M | $ 104.32 | 0.67 % | $ 2.38 B | ||
|
FedEx Corporation
FDX
|
11.4 B | $ 358.91 | 0.07 % | $ 86.5 B | ||
|
Global Ship Lease
GSL
|
2.53 M | $ 38.53 | -1.0 % | $ 1.39 B | ||
|
Hub Group
HUBG
|
10.9 M | $ 36.73 | -1.02 % | $ 2.23 M | ||
|
J.B. Hunt Transport Services
JBHT
|
1.16 B | $ 219.12 | 0.81 % | $ 21.3 B | ||
|
Knight-Swift Transportation Holdings
KNX
|
305 M | $ 60.01 | 0.44 % | $ 9.73 B | ||
|
Landstar System
LSTR
|
684 M | $ 167.71 | 1.47 % | $ 5.96 B | ||
|
Cryoport
CYRX
|
33.4 M | $ 9.19 | -0.33 % | $ 460 M | ||
|
Daseke
DSKE
|
158 M | - | -0.12 % | $ 380 M | ||
|
Marten Transport, Ltd.
MRTN
|
90 M | $ 13.74 | -0.11 % | $ 1.12 B | ||
|
Expeditors International of Washington
EXPD
|
2.02 B | $ 146.74 | 0.97 % | $ 19.9 B | ||
|
Forward Air Corporation
FWRD
|
344 M | $ 17.15 | -1.38 % | $ 527 M | ||
|
Golden Ocean Group Limited
GOGL
|
22.7 M | - | - | $ 1.6 B | ||
|
Heartland Express
HTLD
|
91.6 M | $ 10.83 | 1.4 % | $ 853 M | ||
|
Radiant Logistics
RLGT
|
135 M | $ 7.38 | 0.48 % | $ 347 M | ||
|
SFL Corporation Ltd.
SFL
|
6.67 M | $ 11.03 | 0.46 % | $ 1.47 B | ||
|
United Parcel Service
UPS
|
11.2 B | $ 96.46 | -0.7 % | $ 81.9 B | ||
|
Werner Enterprises
WERN
|
395 M | $ 31.25 | 0.84 % | $ 1.89 B | ||
|
P.A.M. Transportation Services
PTSI
|
80.6 M | - | 1.0 % | $ 425 M | ||
|
XPO Logistics
XPO
|
1.04 B | $ 203.44 | -0.84 % | $ 24 B | ||
|
ZTO Express (Cayman)
ZTO
|
746 M | $ 24.74 | -0.86 % | $ 19.9 B | ||
|
Saia
SAIA
|
332 M | $ 376.51 | 1.2 % | $ 10.1 B | ||
|
Schneider National
SNDR
|
578 M | $ 27.58 | 0.99 % | $ 4.83 B | ||
|
Steel Connect
STCN
|
33.4 M | - | -2.33 % | $ 75.7 M | ||
|
Patriot Transportation Holding
PATI
|
6.13 M | - | - | $ 57.2 M | ||
|
Universal Logistics Holdings
ULH
|
261 M | $ 20.96 | 0.75 % | $ 552 M | ||
|
Yellow Corporation
YELL
|
600 M | - | -29.03 % | $ 56.5 M | ||
|
USA Truck
USAK
|
64 M | - | 0.03 % | $ 286 M | ||
|
U.S. Xpress Enterprises
USX
|
223 M | - | - | $ 332 M | ||
|
Air T
AIRT
|
23.9 M | $ 22.94 | - | $ 63.1 M | ||
|
Old Dominion Freight Line
ODFL
|
472 M | $ 202.21 | 0.01 % | $ 42.6 B |