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Shinhan Financial Group Co (Shinhan Financial Group Co) Change In Receivables : $0 Mil (TTM As of Dec. 2023)


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What is Shinhan Financial Group Co Change In Receivables?

Shinhan Financial Group Co's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Shinhan Financial Group Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Shinhan Financial Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Shinhan Financial Group Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Shinhan Financial Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $13,070 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. Shinhan Financial Group Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 281.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shinhan Financial Group Co's liquidation value for the three months ended in Dec. 2023 was $-380,823 Mil.

Shinhan Financial Group Co Change In Receivables Historical Data

The historical data trend for Shinhan Financial Group 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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Shinhan Financial Group Co Change In Receivables Chart

Shinhan Financial Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Shinhan Financial Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Shinhan Financial Group 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 quarterly data reported by the company within the most recent 12 months, which was $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.

Shinhan Financial Group Co  (NYSE:SHG) 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.

Shinhan Financial Group 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
=13070.122/4233.459*91
=281.72

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

Shinhan Financial Group 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)
=96553.112-487178.893+0.75 * 13070.122+0.5 * 0
=-380,823

* 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.

Shinhan Financial Group Co Change In Receivables Related Terms

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Shinhan Financial Group Co (Shinhan Financial Group Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shinhan Financial Group Co Ltd (NYSE:SHG) » Definitions » Change In Receivables
Comparable Companies
XKRX:105560 XKRX:086790 XKRX:323410 XKRX:024110 XKRX:316140 XKRX:175330 XKRX:138930 XKRX:139130 XKRX:006220 XKRX:007330 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
055550:Korea
Address
20, Sejong-daero 9-gil, Jung-gu, Seoul, KOR, 04513
Website
http://www.shinhangroup.com
Shinhan Financial is Korea's largest banking group. Its 11.2% market share of loans trails KB's 12.8%, but Shinhan has more contribution from nonbank and overseas businesses than rivals. Nonbank units include Shinhan Card, the country's largest credit card company, brokerage firm Shinhan Securities, and a top-five presence in life insurance. It also owns leasing firm Shinhan Capital, Shinhan Asset Management, and regional bank Jeju Bank, among others. Unlike KB, whose predecessor banks were originally founded by the government, Shinhan has always been a private-sector bank, having grown to the top spot organically and through M&A after having been only a second-tier player before the Asian financial crisis.