STO Express Co (SZSE:002468) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is STO Express Co Change In Receivables?

STO Express Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means STO Express Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

STO Express Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-181 Mil. It means STO Express Co's Accounts Receivable increased by ¥181 Mil from Dec. 2022 to Dec. 2023 .

STO Express Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥645 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. STO Express Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. STO Express Co's liquidation value for the three months ended in Mar. 2024 was ¥-11,353 Mil.

STO Express Co Change In Receivables Historical Data

The historical data trend for STO Express 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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STO Express Co Change In Receivables Chart

STO Express Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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544.46

-490.07

-203.57

-615.28

-180.85

STO Express 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															-	-	-	-	-

STO Express 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.

STO Express Co (SZSE:002468) 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.

STO Express 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
=	645.131	/	10131.808	*	91
=	5.81

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

STO Express 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)
=	2919.553	-	14804.207	+	0.75 * 645.131	+	0.5 * 96.026
=	-11,353

STO Express Co Change In Receivables Related Terms

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STO Express Co (SZSE:002468) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » STO Express Co Ltd (SZSE:002468) » Definitions » Change In Receivables

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Address

No. 25, Lane 6598, Beiqing Road, Yibang International Office Building, Qingpu District, Shanghai, CHN, 201706

Website

http://www.sto.cn

STO Express is one of the "Tongdas", which refers to the top four national express delivery companies that adopt the network partner model. Tongdas provide line-haul transportation, sorting, and waybill services to its network partners for fees, while its local network partners provide first-mile pickup and last-mile delivery services under the Tongdas' brands and collect the payments. STO was founded in 1993 by Nie Tengfei, who passed away in 1998. His ex-wife Chen Xiaoying's brother Chen Dejun is now the Chairman and General Manager, with a 28% stake, and Ms. Chen owned a 5% stake as of Dec. 31, 2022. STO's strategic shareholder is Cainiao Smart Logistics Network, with a 25% stake. Alibaba can exercise its share options to purchase 21% of STO before Dec. 27, 2025 at CNY 16.50 per share.

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