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Shenzhen Energy Group Co (SZSE:000027) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Shenzhen Energy Group Co Change In Receivables?

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

Shenzhen Energy Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,461 Mil. It means Shenzhen Energy Group Co's Accounts Receivable increased by ¥1,461 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Energy Group Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥14,294 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. Shenzhen Energy Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 135.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Energy Group Co's liquidation value for the three months ended in Mar. 2024 was ¥-71,652 Mil.


Shenzhen Energy Group Co Change In Receivables Historical Data

The historical data trend for Shenzhen Energy Group 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.

Shenzhen Energy Group Co Change In Receivables Chart

Shenzhen Energy Group 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 -2,096.57 -873.95 -5,034.71 -1,895.67 -1,461.39

Shenzhen Energy Group 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 - - - - -

Shenzhen Energy Group 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.


Shenzhen Energy Group Co  (SZSE:000027) 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.

Shenzhen Energy Group 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
=14294.305/9609.695*91
=135.73

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

Shenzhen Energy Group 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)
=21731.848-104875.465+0.75 * 14294.305+0.5 * 1542.238
=-71,652

* 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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Shenzhen Energy Group Co (SZSE:000027) Business Description

Traded in Other Exchanges
N/A
Address
No. 2068 Shennan Middle Road, Huaneng Building, Floors 5, 33, 35-36, 38-41, Futian District, Guangdong Province, Shenzhen, CHN, 518031
Shenzhen Energy Group Co Ltd is a China-based company primarily engaged in the business of development, procurement, and marketing of various conventional and new energy sources. The company is an integrated energy enterprise, with its business covering the sectors of electric power, solid waste treatment, and natural gas supply. It has the business presence in China and international countries. The businesses of the company are clean coal-fired power generation, gas power generation, renewable energy generation, environmental protection industry and urban gas. Its renewable energy generation business covers wind power, photovoltaic, hydropower and waste power.
Executives
Fang Xiang Dong Independent director
Xu Tong Biao Executives
Chen Min Sheng Director
Wu Zhi Wei Supervisors
Zhang Yong Mei Executives

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