The Receivable Account of Apparel Industry is 96.05 Billion Yuan in the Forth Quarter in 2010

    The receivable account of apparel industry is 96.05 billion yuan in the forth quarter in 2010, which increased 18.0% year on year and accelerated 3.6% compared to last quarter. The circulating days of the receivable account in the forth quarter dropped from 24.7 days of last quarter to 23.3 days in this quarter, it showed that the speed of withdrawing capital from circulation of total industry was accelerated obviously and the business capital liquidity is also strengthened.