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Cofco Sugar Holding Co (SHSE:600737) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Cofco Sugar Holding Co Change In Receivables?

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

Cofco Sugar Holding Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥109 Mil. It means Cofco Sugar Holding Co's Accounts Receivable declined by ¥109 Mil from Dec. 2022 to Dec. 2023 .

Cofco Sugar Holding Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥935 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. Cofco Sugar Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cofco Sugar Holding Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,912 Mil.


Cofco Sugar Holding Co Change In Receivables Historical Data

The historical data trend for Cofco Sugar Holding 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.

* Premium members only.

Cofco Sugar Holding Co Change In Receivables Chart

Cofco Sugar Holding 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 861.12 -376.13 -790.52 -760.09 109.09

Cofco Sugar Holding 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 - - - - -

Cofco Sugar Holding 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.


Cofco Sugar Holding Co  (SHSE:600737) 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.

Cofco Sugar Holding 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
=935.004/7811.512*91
=10.92

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

Cofco Sugar Holding 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)
=2615.792-12384.738+0.75 * 935.004+0.5 * 10311.5
=-3,912

* 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.


Cofco Sugar Holding Co Change In Receivables Related Terms

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Cofco Sugar Holding Co (SHSE:600737) Business Description

Traded in Other Exchanges
N/A
Address
Xinjiang Uygur Autonomous Region, W101, 1st Floor, Building 54, Yutang Village, Daxiqu Town District, Changji Prefecture, Changji, CHN, 830000
Cofco Sugar Holding Co Ltd is engaged in sugar business and tomato processing business. The company also takes care of sugar imports, port sugar refining, and sugar storage and logistics. Some of the company's products are raw sugar, white sugar, organic white granulated sugar, refined sugar, brown sugar, molasses, beet ordinary granules, and plus honey granules.
Executives
Li Feng Chun senior management
Yu Tian Chi senior management
Yang Hong senior management

Cofco Sugar Holding Co (SHSE:600737) Headlines

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