Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Suzhou Douson Drilling and Production Equipment Co Change In Receivables?

Suzhou Douson Drilling and Production Equipment Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Suzhou Douson Drilling and Production Equipment Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Suzhou Douson Drilling and Production Equipment Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-176 Mil. It means Suzhou Douson Drilling and Production Equipment Co's Accounts Receivable increased by ¥176 Mil from Dec. 2022 to Dec. 2023 .

Suzhou Douson Drilling and Production Equipment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥642 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. Suzhou Douson Drilling and Production Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 173.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suzhou Douson Drilling and Production Equipment Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,260 Mil.

Suzhou Douson Drilling and Production Equipment Co Change In Receivables Historical Data

The historical data trend for Suzhou Douson Drilling and Production Equipment 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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Suzhou Douson Drilling and Production Equipment Co Change In Receivables Chart

Suzhou Douson Drilling and Production Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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13.14

-2.58

-324.97

-691.84

-176.12

Suzhou Douson Drilling and Production Equipment 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															-	-	-	-	-

Suzhou Douson Drilling and Production Equipment 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 Mil.

Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) 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.

Suzhou Douson Drilling and Production Equipment 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
=	642.166	/	337.053	*	91
=	173.85

2. In Ben Graham's calculation of liquidation value, Suzhou Douson Drilling and Production Equipment Co's accounts receivable are only considered to be worth 75% of book value:

Suzhou Douson Drilling and Production Equipment 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)
=	555.216	-	2803.513	+	0.75 * 642.166	+	0.5 * 1014.145
=	-1,260

Suzhou Douson Drilling and Production Equipment Co Change In Receivables Related Terms

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Suzhou Douson Drilling and Production Equipment Co (SHSE:603800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suzhou Douson Drilling and Production Equipment Co Ltd (SHSE:603800) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Xingtai Road, Taiping Town, Xiangcheng District, Suzhou, CHN, 215137

Website

http://www.douson.cn

Suzhou Douson Drilling and Production Equipment Co Ltd is engaged in manufacturing and selling drilling equipment, production wellheads, valves and well control equipment. Its main products are Wellhead equipment and oil and gas (gas) trees, well control equipment, pipeline valves, top drive spindles and other oil and gas drilling equipment. Its products are widely used in the drilling, development, production and other fields of oil and gas, natural gas and shale oil and gas resources.

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