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Sailvan Times Co (SZSE:301381) Long-Term Capital Lease Obligation : ¥310 Mil (As of Mar. 2024)


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What is Sailvan Times Co Long-Term Capital Lease Obligation?

Sailvan Times Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥310 Mil.

Sailvan Times Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (¥362 Mil) to Dec. 2023 (¥334 Mil) and declined from Dec. 2023 (¥334 Mil) to Mar. 2024 (¥310 Mil).

Sailvan Times Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥461 Mil) to Dec. 2022 (¥417 Mil) and declined from Dec. 2022 (¥417 Mil) to Dec. 2023 (¥334 Mil).


Sailvan Times Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sailvan Times Co's Long-Term Capital Lease Obligation 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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Sailvan Times Co Long-Term Capital Lease Obligation Chart

Sailvan Times Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 216.64 460.52 416.59 334.25

Sailvan Times Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation 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 382.50 394.14 361.81 334.25 310.32

Sailvan Times Co  (SZSE:301381) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Sailvan Times Co Long-Term Capital Lease Obligation Related Terms

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Sailvan Times Co (SZSE:301381) Business Description

Traded in Other Exchanges
N/A
Address
Nanwan Street, Room 1001, No. 6, Kangli City, Shanglilang Community, Longgang District, Guangdong, Shenzhen, CHN, 518112
Sailvan Times Co Ltd is a technology-driven export cross-border brand e-commerce. The company sells high-quality and individuality to global consumers through third-party e-commerce platforms such as Amazon, Walmart, eBay, Wish, and vertical category self-operated websites such as SHESHOW and Retro Stage. It offers modern lifestyle products, including clothing accessories, sports and entertainment, department stores and home furnishings and others. The company also provides logistics services to third parties based on its comprehensive cross-border warehousing and logistics system.

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