China SXT Pharmaceuticals (China SXT Pharmaceuticals) Change In Receivables : $1.21 Mil (TTM As of Sep. 2023)

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What is China SXT Pharmaceuticals Change In Receivables?

China SXT Pharmaceuticals's change in receivables for the quarter that ended in Sep. 2023 was $-0.07 Mil. It means China SXT Pharmaceuticals's Accounts Receivable increased by $0.07 Mil from Mar. 2023 to Sep. 2023 .

China SXT Pharmaceuticals's change in receivables for the fiscal year that ended in Mar. 2023 was $0.95 Mil. It means China SXT Pharmaceuticals's Accounts Receivable declined by $0.95 Mil from Mar. 2022 to Mar. 2023 .

China SXT Pharmaceuticals's Accounts Receivable for the quarter that ended in Sep. 2023 was $1.31 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. China SXT Pharmaceuticals's Days Sales Outstanding for the six months ended in Sep. 2023 was 254.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China SXT Pharmaceuticals's liquidation value for the six months ended in Sep. 2023 was $3.18 Mil.

China SXT Pharmaceuticals Change In Receivables Historical Data

The historical data trend for China SXT Pharmaceuticals'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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China SXT Pharmaceuticals Change In Receivables Chart

China SXT Pharmaceuticals Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-1.48

0.16

-0.50

0.80

0.95

China SXT Pharmaceuticals Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial									0.70	0.10	-0.34	1.29	-0.07

China SXT Pharmaceuticals 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.21 Mil.

China SXT Pharmaceuticals (NAS:SXTC) 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.

China SXT Pharmaceuticals's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.311	/	0.94	*	91
=	254.53

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

China SXT Pharmaceuticals's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.465	-	9.512	+	0.75 * 1.311	+	0.5 * 0.493
=	3.18

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China SXT Pharmaceuticals (China SXT Pharmaceuticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » China SXT Pharmaceuticals Inc (NAS:SXTC) » Definitions » Change In Receivables

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2RY0:Germany

Address

No. 178 Taidong Road North, Jiangsu, Taizhou, CHN, 225300

Website

http://www.sxtchina.com

China SXT Pharmaceuticals Inc is a pharmaceutical company that is focused on the research, development, manufacture, marketing, and sales of Traditional Chinese Medicine Pieces (TCMP), particularly, Advanced TCMP (Directed-oral TCMP, and After-soaking TCMP) which is a sort of Traditional Chinese Medicine (TCM) that has been processed to be ready for use without decoction. Geographically, the firm generates a majority of its revenue from the People's Republic of China.