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Jiangxi Sunshine Dairy Co (SZSE:001318) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)


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What is Jiangxi Sunshine Dairy Co Change In Receivables?

Jiangxi Sunshine Dairy Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Jiangxi Sunshine Dairy Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Jiangxi Sunshine Dairy Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-9.4 Mil. It means Jiangxi Sunshine Dairy Co's Accounts Receivable increased by ¥9.4 Mil from Dec. 2022 to Dec. 2023 .

Jiangxi Sunshine Dairy Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥31.7 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. Jiangxi Sunshine Dairy Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jiangxi Sunshine Dairy Co's liquidation value for the three months ended in Mar. 2024 was ¥458.2 Mil.


Jiangxi Sunshine Dairy Co Change In Receivables Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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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Jiangxi Sunshine Dairy Co Change In Receivables Chart

Jiangxi Sunshine Dairy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 7.39 -5.46 -4.38 9.81 -9.43

Jiangxi Sunshine Dairy Co Quarterly Data
Dec18 Dec19 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 - - - - -

Jiangxi Sunshine Dairy 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 ¥0.0 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.


Jiangxi Sunshine Dairy Co  (SZSE:001318) 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.

Jiangxi Sunshine Dairy 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
=31.733/108.882*91
=26.59

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

Jiangxi Sunshine Dairy 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)
=477.347-61.436+0.75 * 31.733+0.5 * 37.019
=458.2

* 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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Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043
Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.

Jiangxi Sunshine Dairy Co (SZSE:001318) Headlines

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