Shenzhen Properties & Resources Development (Group) (SZSE:000011) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Properties & Resources Development (Group) Change In Receivables?

Shenzhen Properties & Resources Development (Group)'s change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shenzhen Properties & Resources Development (Group)'s Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Properties & Resources Development (Group)'s change in receivables for the fiscal year that ended in Dec. 2023 was ¥-69 Mil. It means Shenzhen Properties & Resources Development (Group)'s Accounts Receivable increased by ¥69 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Properties & Resources Development (Group)'s Accounts Receivable for the quarter that ended in Mar. 2024 was ¥540 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 Properties & Resources Development (Group)'s Days Sales Outstanding for the three months ended in Mar. 2024 was 121.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Properties & Resources Development (Group)'s liquidation value for the three months ended in Mar. 2024 was ¥-3,767 Mil.

Shenzhen Properties & Resources Development (Group) Change In Receivables Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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 Properties & Resources Development (Group) Change In Receivables Chart

Shenzhen Properties & Resources Development (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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458.31

150.13

-541.40

611.49

-69.30

Shenzhen Properties & Resources Development (Group) 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 Properties & Resources Development (Group) 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 Properties & Resources Development (Group) (SZSE:000011) 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 Properties & Resources Development (Group)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	540.104	/	406.582	*	91
=	121.22

2. In Ben Graham's calculation of liquidation value, Shenzhen Properties & Resources Development (Group)'s accounts receivable are only considered to be worth 75% of book value:

Shenzhen Properties & Resources Development (Group)'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)
=	2347.282	-	12189.513	+	0.75 * 540.104	+	0.5 * 11339.349
=	-3,767

Shenzhen Properties & Resources Development (Group) Change In Receivables Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Properties & Resources Development (Group) Ltd (SZSE:000011) » Definitions » Change In Receivables

Traded in Other Exchanges

200011:China

Address

Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014

Website

http://www.szwuye.com.cn

Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Executives

Li Zi Peng	Executives
Chen Yu Gang	Director
Wang Hang Jun	Executives
Wen Li	Director
Liu Jia Ke	Supervisors

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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