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Shandong Gold Mining Co (HKSE:01787) Change In Receivables : HK$0 Mil (TTM As of Mar. 2024)


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What is Shandong Gold Mining Co Change In Receivables?

Shandong Gold Mining Co's change in receivables for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Shandong Gold Mining Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shandong Gold Mining Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-3,339 Mil. It means Shandong Gold Mining Co's Accounts Receivable increased by HK$3,339 Mil from Dec. 2022 to Dec. 2023 .

Shandong Gold Mining Co's Accounts Receivable for the quarter that ended in Mar. 2024 was HK$729 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. Shandong Gold Mining Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Gold Mining Co's liquidation value for the three months ended in Mar. 2024 was HK$-73,482 Mil.


Shandong Gold Mining Co Change In Receivables Historical Data

The historical data trend for Shandong Gold Mining 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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Shandong Gold Mining Co Change In Receivables Chart

Shandong Gold Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,822.73 -2,361.76 1,214.45 -2,458.93 -3,339.46

Shandong Gold Mining 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Shandong Gold Mining 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 HK$0 Mil.

* 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.


Shandong Gold Mining Co  (HKSE:01787) 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.

Shandong Gold Mining 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
=728.985/20593.31*91
=3.23

2. In Ben Graham's calculation of liquidation value, Shandong Gold Mining Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Gold Mining 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)
=17563.95-96309.335+0.75 * 728.985+0.5 * 9433.749
=-73,482

* 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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Shandong Gold Mining Co (HKSE:01787) Business Description

Traded in Other Exchanges
Address
No. 2503 Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250107
Shandong Gold Mining Co Ltd is a China-based company engaged in the exploration, mining, and smelting of gold mines. It is also engaged in the purification, processing, manufacturing, and distribution of precious metal, nonferrous metal products, and gold jewelry. The operating segments of the company are Gold Mining, Gold Refining, and Investment Management. It derives key revenue from the Gold Refining segment which involves the production and sales of gold. The group operates in the PRC and Outside PRC, of which most of the revenue is from the PRC.

Shandong Gold Mining Co (HKSE:01787) Headlines

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