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China Sports Industry Group Co (SHSE:600158) Change In Receivables : ¥0 Mil (TTM As of Sep. 2023)


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What is China Sports Industry Group Co Change In Receivables?

China Sports Industry Group Co's change in receivables for the quarter that ended in Sep. 2023 was ¥0 Mil. It means China Sports Industry Group Co's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

China Sports Industry Group Co's change in receivables for the fiscal year that ended in Dec. 2022 was ¥-309 Mil. It means China Sports Industry Group Co's Accounts Receivable increased by ¥309 Mil from Dec. 2021 to Dec. 2022 .

China Sports Industry Group Co's Accounts Receivable for the quarter that ended in Sep. 2023 was ¥200 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. China Sports Industry Group Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 45.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Sports Industry Group Co's liquidation value for the three months ended in Sep. 2023 was ¥-287 Mil.


China Sports Industry Group Co Change In Receivables Historical Data

The historical data trend for China Sports Industry 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.

* Premium members only.

China Sports Industry Group Co Change In Receivables Chart

China Sports Industry Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -411.36 -108.39 81.20 -204.74 -309.11

China Sports Industry Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

China Sports Industry 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 Sep. 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.


China Sports Industry Group Co  (SHSE:600158) 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.

China Sports Industry Group Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=199.51/402.11*91
=45.27

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

China Sports Industry Group Co's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2540.652-4049.163+0.75 * 199.51+0.5 * 2144.266
=-287

* 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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China Sports Industry Group Co (SHSE:600158) Business Description

Traded in Other Exchanges
N/A
Address
Number 225 Chaowai Street, Chaoyang District, Beijing, CHN, 100020
China Sports Industry Group Co Ltd is a China-based company engaged in the sports-related businesses. Its main businesses include the management and operations of sports events, the design, consulting, construction and management of sports venues, the production of sports content, the provision of sports-related intermediary services, sports lotteries and sports real estates, among others. The company mainly operates its businesses in domestic and overseas markets.

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