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Guangshen Railway Co (SHSE:601333) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Guangshen Railway Co Change In Receivables?

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

Guangshen Railway Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,749 Mil. It means Guangshen Railway Co's Accounts Receivable increased by ¥1,749 Mil from Dec. 2022 to Dec. 2023 .

Guangshen Railway Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥6,272 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. Guangshen Railway Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangshen Railway Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,144 Mil.


Guangshen Railway Co Change In Receivables Historical Data

The historical data trend for Guangshen Railway 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.

Guangshen Railway Co Change In Receivables Chart

Guangshen Railway 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 -653.32 677.92 -535.09 -309.86 -1,749.00

Guangshen Railway 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 - - - - -

Guangshen Railway 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.


Guangshen Railway Co  (SHSE:601333) 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.

Guangshen Railway 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
=6272.273/6600.382*91
=86.71

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

Guangshen Railway 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)
=2557.983-10580.101+0.75 * 6272.273+0.5 * 348.128
=-3,144

* 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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Guangshen Railway Co (SHSE:601333) Business Description

Traded in Other Exchanges
Address
No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010
Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.
Executives
Guo Xiang Dong senior management

Guangshen Railway Co (SHSE:601333) Headlines

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