Shenyu Communication Technology (SZSE:300563) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Shenyu Communication Technology Change In Receivables?

Shenyu Communication Technology's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Shenyu Communication Technology's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenyu Communication Technology's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-20.5 Mil. It means Shenyu Communication Technology's Accounts Receivable increased by ¥20.5 Mil from Dec. 2022 to Dec. 2023 .

Shenyu Communication Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥178.1 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. Shenyu Communication Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenyu Communication Technology's liquidation value for the three months ended in Mar. 2024 was ¥261.9 Mil.

Shenyu Communication Technology Change In Receivables Historical Data

The historical data trend for Shenyu Communication Technology'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.

Shenyu Communication Technology Change In Receivables Chart

Shenyu Communication Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-77.23

-103.77

-71.40

-14.28

-20.52

Shenyu Communication Technology 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															-	-	-	-	-

Shenyu Communication Technology 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.

Shenyu Communication Technology (SZSE:300563) 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.

Shenyu Communication Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	178.092	/	185.966	*	91
=	87.39

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

Shenyu Communication Technology'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)
=	302.088	-	250.682	+	0.75 * 178.092	+	0.5 * 153.752
=	261.9

Shenyu Communication Technology Change In Receivables Related Terms

Thank you for viewing the detailed overview of Shenyu Communication Technology's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenyu Communication Technology (SZSE:300563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenyu Communication Technology Inc (SZSE:300563) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

275 East Beltway, Jiangsu Province, Jiangyin, CHN, 214432

Website

http://www.shenyucable.com

Shenyu Communication Technology Inc is engaged in the research and development, production and sales of RF coaxial cables in China. Its products portfolio includes RF series of fine RF coaxial cable, RG series military standard RF coaxial cable, MCC series of very fine RF coaxial cable, AF high temperature installation line, semi-flexible semi-rigid RF coaxial Cables, microwave stabilized phase RF coaxial cables, high-speed data lines, various high-frequency low-loss steady-phase cable assemblies and low-loss soft microwave feeders.

Executives

Ren Feng Juan	Director
Zhou Zhi Hua	Supervisors

Shenyu Communication Technology (SZSE:300563) Headlines

No Headlines