Solargiga Energy Holdings (Solargiga Energy Holdings) Change In Receivables : $-63 Mil (TTM As of Dec. 2023)

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What is Solargiga Energy Holdings Change In Receivables?

Solargiga Energy Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-37 Mil. It means Solargiga Energy Holdings's Accounts Receivable increased by $37 Mil from Jun. 2023 to Dec. 2023 .

Solargiga Energy Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-64 Mil. It means Solargiga Energy Holdings's Accounts Receivable increased by $64 Mil from Dec. 2022 to Dec. 2023 .

Solargiga Energy Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $243 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. Solargiga Energy Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 84.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solargiga Energy Holdings's liquidation value for the six months ended in Dec. 2023 was $-341 Mil.

Solargiga Energy Holdings Change In Receivables Historical Data

The historical data trend for Solargiga Energy Holdings'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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Solargiga Energy Holdings Change In Receivables Chart

Solargiga Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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11.89

11.44

-38.86

-36.19

-63.54

Solargiga Energy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-30.07	8.64	-44.48	-26.53	-36.94

Solargiga Energy Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-63 Mil.

Solargiga Energy Holdings (OTCPK:SEHLF) 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.

Solargiga Energy Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	242.513	/	521.03	*	91
=	84.94

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

Solargiga Energy Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	81.001	-	626.745	+	0.75 * 242.513	+	0.5 * 45.764
=	-341

Solargiga Energy Holdings Change In Receivables Related Terms

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Solargiga Energy Holdings (Solargiga Energy Holdings) Business Description

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00757:Hong Kong 3FV:Germany

Address

25 Harbour Road, Room 1402, Harbour Centre, Wanchai, Hong Kong, HKG

Website

https://www.solargiga.com

Solargiga Energy Holdings Ltd is a supplier of upstream and downstream solar energy services. It is involved in the manufacturing of, trading of and provision of processing services for polysilicon and monocrystalline silicon solar ingots, the manufacturing, and trading of semiconductor and monocrystalline silicon solar cells, the manufacturing and trading of photovoltaic modules, and the construction and operation of photovoltaic power plants. The company derives the majority of its revenues from the manufacturing and trading of photovoltaic modules. It mainly operates in Mainland China, Japan, Taiwan, Europe, America, and other Asian regions.

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