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Fushun Special Steel Co (SHSE:600399) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Fushun Special Steel Co Change In Receivables?

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

Fushun Special Steel Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-777 Mil. It means Fushun Special Steel Co's Accounts Receivable increased by ¥777 Mil from Dec. 2022 to Dec. 2023 .

Fushun Special Steel Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥601 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. Fushun Special Steel Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fushun Special Steel Co's liquidation value for the three months ended in Mar. 2024 was ¥-3,075 Mil.

Fushun Special Steel Co Change In Receivables Historical Data

The historical data trend for Fushun Special Steel 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.

Fushun Special Steel Co Change In Receivables Chart

Fushun Special Steel 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 517.71 19.19 366.15 440.01 -776.96

Fushun Special Steel 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 - - - - -

Fushun Special Steel 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.

Fushun Special Steel Co  (SHSE:600399) 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.

Fushun Special Steel 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
=601.192/2071.425*91
=26.48

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

Fushun Special Steel 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)
=778.545-5738.925+0.75 * 601.192+0.5 * 2869.717
=-3,075

* 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.

Fushun Special Steel Co Change In Receivables Related Terms

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Fushun Special Steel Co (SHSE:600399) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fushun Special Steel Co Ltd (SHSE:600399) » Definitions » Change In Receivables
Comparable Companies
SHSE:600782 SZSE:000761 SHSE:600022 SHSE:601005 SZSE:300855 SHSE:601969 SZSE:002075 SHSE:600507 SZSE:002545 SZSE:000778 NUE BOM:500228 NSE:TATASTEEL SHSE:600019 XKRX:005490 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
N/A
Address
No. 8 Anshan Road, East Section, Wanghua District, Fushun, Liaoning, CHN, 113001
Website
http://www.fs-ss.com
Fushun Special Steel Co Ltd is a China-based company engaged in the smelting and processing of special steel products and its materials. Its products include special alloys, tool steel, high strength steel, high-temperature, and corrosion-resistant alloys, titanium, and alloy structural steel. Its products are used in the aviation, aerospace, marine, nuclear, petroleum, chemical, electronics, machinery and other fields.

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