Shenzhen Senior Technology Material Co (SZSE:300568) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Senior Technology Material Co Change In Receivables?

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

Shenzhen Senior Technology Material Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-478 Mil. It means Shenzhen Senior Technology Material Co's Accounts Receivable increased by ¥478 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Senior Technology Material Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥1,474 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 Senior Technology Material Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 188.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Senior Technology Material Co's liquidation value for the three months ended in Mar. 2024 was ¥-2,459 Mil.

Shenzhen Senior Technology Material Co Change In Receivables Historical Data

The historical data trend for Shenzhen Senior Technology Material 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.

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Shenzhen Senior Technology Material Co Change In Receivables Chart

Shenzhen Senior Technology Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-96.27

-241.86

-290.84

-458.47

-477.65

Shenzhen Senior Technology Material 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															-	-	-	-	-

Shenzhen Senior Technology Material 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.

Shenzhen Senior Technology Material Co (SZSE:300568) 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 Senior Technology Material 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
=	1474.338	/	714.664	*	91
=	188.25

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

Shenzhen Senior Technology Material 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)
=	5034.069	-	8835.871	+	0.75 * 1474.338	+	0.5 * 473.705
=	-2,459

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Shenzhen Senior Technology Material Co (SZSE:300568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Senior Technology Material Co Ltd (SZSE:300568) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

North of the Garden Road, Gongming Office, Guangming New District, Guangdong Province, Shenzhen, CHN, 518078

Website

http://www.senior798.com

Shenzhen Senior Technology Material Co Ltd is operating in the lithium battery separator industry. The company is mainly focused on the research, development, production, sales and service of lithium battery separators. The company's product portfolio includes SQ's high strength dry process, SW's wet process, SH's ceramic coating Products and SJ's polymer coating. Its products are widely used in new energy vehicles, digital products, energy storage power stations, aerospace, electric tools and other fields.

Executives

Chen Xiu Feng	Directors, executives
Wang Chang Hong	Directors, executives
Chen Liang	Directors, executives
Han Xue Song	Director
Zhang Sheng	Executives

Shenzhen Senior Technology Material Co (SZSE:300568) Headlines

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