SHANF (Shandong Molong Petroleum Machinery Co) Accounts Receivable: $60.7 Mil (As of Jun. 2026)

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SHANF Shandong Molong Petroleum Machinery Co Ltd SHANF
43 GF Score
Price $0.94
GF Value $0.47
! 6 Warning Signs
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What is Shandong Molong Petroleum Machinery Co Accounts Receivable?

Shandong Molong Petroleum Machinery Co SHANF 43 Accounts Receivable is $60.7 Mil as of Jun. 2026. GuruFocus rates SHANF with a GF Score™ of 43/100 and a GF Value™ of $0.47. The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shandong Molong Petroleum Machinery Co's accounts receivables for the quarter that ended in Jun. 2026 was $60.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shandong Molong Petroleum Machinery Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 64.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shandong Molong Petroleum Machinery Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.26.


Shandong Molong Petroleum Machinery Co Accounts Receivable 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 receivables are being managed.

Shandong Molong Petroleum Machinery Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.70149016565/86.233298692025*91
=64.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Shandong Molong Petroleum Machinery Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Molong Petroleum Machinery Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(32.184968833083+0.75 * 60.70149016565+0.5 * 114.06153986943-343.82283938309
-0--0.038253681433666)/797.8484
=-0.26

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Shandong Molong Petroleum Machinery Co Accounts Receivable Related Terms


Shandong Molong Petroleum Machinery Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Shandong Molong Petroleum Machinery Co's Accounts Receivable 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.

Shandong Molong Petroleum Machinery Co Accounts Receivable Chart

Shandong Molong Petroleum Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.35 67.80 47.06 34.04 77.44

Shandong Molong Petroleum Machinery Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable 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 52.55 51.28 77.44 69.82 60.70
SHANF
43GF Score
Shandong Molong Petroleum Machinery Co Ltd SHANF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Molong Petroleum Machinery Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $60.7 Mil mean?
Shandong Molong Petroleum Machinery Co (SHANF) has a Accounts Receivable of $60.7 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Shandong Molong Petroleum Machinery Co and its competitors.
Is Shandong Molong Petroleum Machinery Co's Accounts Receivable too high?
Shandong Molong Petroleum Machinery Co's current Accounts Receivable is $60.7 Mil. Overall, Shandong Molong Petroleum Machinery Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Molong Petroleum Machinery Co's Accounts Receivable compare to SLB and BKR?
Shandong Molong Petroleum Machinery Co's Accounts Receivable of $60.7 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Shandong Molong Petroleum Machinery Co and its competitors. Shandong Molong Petroleum Machinery Co's current Accounts Receivable is $60.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Molong Petroleum Machinery Co stock overvalued right now?
Shandong Molong Petroleum Machinery Co (SHANF) has a current Accounts Receivable of $60.7 Mil. The stock's GF Value™ is $0.47, compared to a current price of $0.94 — trading 99.5% above its estimated fair value. The current Accounts Receivable is $60.7 Mil. Shandong Molong Petroleum Machinery Co's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Shandong Molong Petroleum Machinery Co (SHANF), the current Accounts Receivable is $60.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shandong Molong Petroleum Machinery Co (SHANF) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Molong Petroleum Machinery Co stock appears to be overvalued. The current stock price of $0.94 is trading 99.5% above its estimated GF Value™ of $0.47.

Key valuation signals for SHANF:

  • Accounts Receivable: $60.7 Mil
  • GF Value™: $0.47 vs. price of $0.94 (99.5% above fair value)
  • GF Score™: 43/100 with 6 warning signs

No single metric tells the full story. See the SHANF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Molong Petroleum Machinery Co Business Description

Industry EnergyOil & Gas
Address No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
Shandong Molong Petroleum Machinery Co Ltd is engaged in the design, research and development, processing and manufacturing, sale service, and export trade of products for the energy equipment industry. Its main products include petroleum-drilling machinery equipment, petroleum and natural gas pipeline equipment, and oil and gas exploitation equipment. These products are used in petroleum, natural gas, shale gas, coalbed methane, hydrogen energy, oil refining, coal mining machinery, boiler manufacturing, engineering machinery manufacturing, and oilfield services.
43GF Score

Get the complete analysis for SHANF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.94
Price
$0.47
GF Value