COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Change In Receivables : $-2.0 Mil (TTM As of Dec. 2023)

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What is COSCO Shipping International (Singapore) Co Change In Receivables?

COSCO Shipping International (Singapore) Co's change in receivables for the quarter that ended in Dec. 2023 was $0.3 Mil. It means COSCO Shipping International (Singapore) Co's Accounts Receivable declined by $0.3 Mil from Jun. 2023 to Dec. 2023 .

COSCO Shipping International (Singapore) Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.1 Mil. It means COSCO Shipping International (Singapore) Co's Accounts Receivable increased by $2.1 Mil from Dec. 2022 to Dec. 2023 .

COSCO Shipping International (Singapore) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $29.2 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. COSCO Shipping International (Singapore) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 80.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. COSCO Shipping International (Singapore) Co's liquidation value for the six months ended in Dec. 2023 was $-202.1 Mil.

COSCO Shipping International (Singapore) Co Change In Receivables Historical Data

The historical data trend for COSCO Shipping International (Singapore) 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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COSCO Shipping International (Singapore) Co Change In Receivables Chart

COSCO Shipping International (Singapore) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.07

4.45

-2.19

0.84

-2.06

COSCO Shipping International (Singapore) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.42	-0.07	0.91	-2.31	0.28

COSCO Shipping International (Singapore) 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.0 Mil.

COSCO Shipping International (Singapore) Co (OTCPK:CSCMY) 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.

COSCO Shipping International (Singapore) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29.21	/	66.463	*	91
=	80.21

2. In Ben Graham's calculation of liquidation value, COSCO Shipping International (Singapore) Co's accounts receivable are only considered to be worth 75% of book value:

COSCO Shipping International (Singapore) Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	50.053	-	274.241	+	0.75 * 29.21	+	0.5 * 0.302
=	-202.1

COSCO Shipping International (Singapore) Co Change In Receivables Related Terms

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COSCO Shipping International (Singapore) Co (COSCO Shipping International (Singapore) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO Shipping International (Singapore) Co Ltd (OTCPK:CSCMY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

F83:Singapore VZS:Germany

Address

30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712

Website

https://www.coscoshipping.com.sg

COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates ship repair, marine engineering, and dry bulk shipping outfits in China and Singapore. Further, The company also provides services that include property management. It operates in the following segment: shipping, ship repair and marine engineering activities, logistics, and property management. The majority of its revenue gets derived from the Logistics segment.

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