Shenzhen Sunrise New Energy Co (SZSE:002256) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Sunrise New Energy Co Change In Receivables?

Shenzhen Sunrise New Energy Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenzhen Sunrise New Energy Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Sunrise New Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-65.9 Mil. It means Shenzhen Sunrise New Energy Co's Accounts Receivable increased by ¥65.9 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Sunrise New Energy Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥208.3 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 Sunrise New Energy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 281.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Sunrise New Energy Co's liquidation value for the three months ended in Mar. 2024 was ¥-221.8 Mil.

Shenzhen Sunrise New Energy Co Change In Receivables Historical Data

The historical data trend for Shenzhen Sunrise New Energy 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.

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Shenzhen Sunrise New Energy Co Change In Receivables Chart

Shenzhen Sunrise New Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.73

-86.23

99.82

119.10

-65.88

Shenzhen Sunrise New Energy 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															-	-	-	-	-

Shenzhen Sunrise New Energy 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 ¥0.0 Mil.

Shenzhen Sunrise New Energy Co (SZSE:002256) 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 Sunrise New Energy 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
=	208.322	/	67.531	*	91
=	281.49

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

Shenzhen Sunrise New Energy 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)
=	29.21	-	416.997	+	0.75 * 208.322	+	0.5 * 19.551
=	-221.8

Shenzhen Sunrise New Energy Co Change In Receivables Related Terms

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Shenzhen Sunrise New Energy Co (SZSE:002256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Sunrise New Energy Co Ltd (SZSE:002256) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

6th Floor, 11th Building, Kejizhong 2nd Road, Shenzhen Software Park Phase II, Hi-tech Industrial Park, Nanshan District, ShenZhen, CHN, 518057

Website

http://www.7cf.com

Shenzhen Sunrise New Energy Co Ltd operates in the chemical raw materials and chemical manufacturing. The business of the company includes environmental protection coating, green household products, and environment car care products. The products of the company include spray paint, spray lubricants, motor engine care, car wax, car cleaner, complete car care, household care, industrial care, and wall paint.

Executives

Guo Jian	Directors, executives
Liu Gong Zhi	Directors, Directors, and Executives
Huang Bing Tao	Director
Li Hua Chun	Director
Zhang Xiao Hu	Executives
She Xiao Lin	Supervisors
Cai Ji Zhong	Directors, executives
Lin Ye	Supervisors
Di Jian Feng	Director
Chen Xiao Jiang	Supervisors
Chen Yong Di	Directors, executives
Tang Wei Dong	Directors, executives
Wang Yun	Securities Affairs Representative
Liu Shu Jin	Independent director
Yang Hui	Director

Shenzhen Sunrise New Energy Co (SZSE:002256) Headlines

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