Sumec (SHSE:600710) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sumec Change In Receivables?

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

Sumec's change in receivables for the fiscal year that ended in Dec. 2023 was ¥1,518 Mil. It means Sumec's Accounts Receivable declined by ¥1,518 Mil from Dec. 2022 to Dec. 2023 .

Sumec's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥8,985 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. Sumec's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sumec's liquidation value for the three months ended in Mar. 2024 was ¥-17,532 Mil.

Sumec Change In Receivables Historical Data

The historical data trend for Sumec'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.

* Premium members only.

Sumec Change In Receivables Chart

Sumec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

731.54

-2,680.23

-3,853.00

398.59

1,517.83

Sumec 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															-	-	-	-	-

Sumec 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.

Sumec (SHSE:600710) 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.

Sumec's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8984.966	/	23744.86	*	91
=	34.53

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

Sumec'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)
=	10983.651	-	42534.218	+	0.75 * 8984.966	+	0.5 * 14559.293
=	-17,532

Sumec Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sumec's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Sumec (SHSE:600710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sumec Corp Ltd (SHSE:600710) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018

Website

http://www.sumec.com

Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.

Executives

Zhao Jian Guo	senior management
Cai Ji Bo	Director
Yang Guo Feng	Supervisors
Peng Yuan Pu	senior management
Jin Yong Chuan	senior management
Yang Yong Qing	Director
Gu Jian Su	senior management
Chen Wei	senior management
Wu Jian Ping	Supervisors
Wang Wei Yan	Director
Zou Jian Mao	senior management
Jin Rong Hua	Supervisors

Sumec (SHSE:600710) Headlines

No Headlines