Shenzhen Gas (SHSE:601139) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Gas Change In Receivables?

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

Shenzhen Gas's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-1,358 Mil. It means Shenzhen Gas's Accounts Receivable increased by ¥1,358 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Gas's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥3,630 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 Gas's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Gas's liquidation value for the three months ended in Mar. 2024 was ¥-18,439 Mil.

Shenzhen Gas Change In Receivables Historical Data

The historical data trend for Shenzhen Gas'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 Gas Change In Receivables Chart

Shenzhen Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-44.72

-381.84

-1,013.72

-201.62

-1,358.38

Shenzhen Gas 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 Gas 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 Gas (SHSE:601139) 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 Gas's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3630.025	/	6862.512	*	91
=	48.27

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

Shenzhen Gas'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)
=	6168.868	-	28090.8	+	0.75 * 3630.025	+	0.5 * 1519.901
=	-18,439

Shenzhen Gas Change In Receivables Related Terms

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Shenzhen Gas (SHSE:601139) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shenzhen Gas Corp Ltd (SHSE:601139) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Mei Road 268, Futian District, Guangdong Province, Shenzhen, CHN, 518049

Website

http://www.szgas.com.cn

Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.

Executives

Zhuo Fan	Directors, senior managers
Wang Wen Jie	Director
Liu Zhao Yan	senior management
Guo Jia Jing	senior management
Yang Jin Biao	Supervisors
Liu Qiu Hui	Director
Yang Guang	senior management
Xue Bo	senior management
Li Zhen	Director
Zhang Wen He	senior management
Chen Qiu Xiong	Director
Sun Ping Gui	senior management
Ou Da Jiang	Director
Li Qing Ping	senior management

Shenzhen Gas (SHSE:601139) Headlines

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