FSHRF (Feishang Anthracite Resources) Change In Receivables: $0.00 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Feishang Anthracite Resources Change In Receivables?

Feishang Anthracite Resources FSHRF Change In Receivables is $0.00 Mil as of Dec. 2025. The stock has 3 warning signs investors should review.

Feishang Anthracite Resources's change in receivables for the quarter that ended in Dec. 2025 was $0.00 Mil. It means Feishang Anthracite Resources's Accounts Receivable stayed the same from Jun. 2025 to Dec. 2025 .

Feishang Anthracite Resources's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.02 Mil. It means Feishang Anthracite Resources's Accounts Receivable increased by $0.02 Mil from Dec. 2024 to Dec. 2025 .

Feishang Anthracite Resources's Accounts Receivable for the quarter that ended in Dec. 2025 was $0.66 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. Feishang Anthracite Resources's Days Sales Outstanding for the six months ended in Dec. 2025 was 3.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Feishang Anthracite Resources's liquidation value for the six months ended in Dec. 2025 was $-702.76 Mil.

Feishang Anthracite Resources  (OTCPK:FSHRF) 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.

Feishang Anthracite Resources's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.662/31.262*91
=3.86

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

Feishang Anthracite Resources's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.615-706.506+0.75 * 0.662+0.5 * 5.276
=-702.76

* 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.

Feishang Anthracite Resources Change In Receivables Related Terms

Feishang Anthracite Resources Change In Receivables Historical Data

* Premium members only.

The historical data trend for Feishang Anthracite Resources'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.

Feishang Anthracite Resources Change In Receivables Chart

Feishang Anthracite Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 10.22 10.22 0.25 -0.02

Feishang Anthracite Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

Feishang Anthracite Resources 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0.00 Mil mean?
Feishang Anthracite Resources (FSHRF) has a Change In Receivables of $0.00 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Feishang Anthracite Resources and its competitors.
Is Feishang Anthracite Resources' Change In Receivables too high?
Feishang Anthracite Resources' current Change In Receivables is $0.00 Mil.
How does Feishang Anthracite Resources' Change In Receivables compare to competitors?
Feishang Anthracite Resources' Change In Receivables of $0.00 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Other Energy Sources company?
A good Change In Receivables depends on the Other Energy Sources industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Feishang Anthracite Resources and its competitors. Feishang Anthracite Resources's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feishang Anthracite Resources stock overvalued right now?
Based on GuruFocus' analysis, Feishang Anthracite Resources (FSHRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.05 — trading 382% above its estimated fair value. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Feishang Anthracite Resources (FSHRF), the current Change In Receivables is $0.00 Mil as of Dec. 2025. 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.

Feishang Anthracite Resources Business Description

Other Exchanges 01738:Hong Kong
Address 2-12 Au Pui Wan Street, Room M07, 7th Floor, Valiant Industrial Building, Fo Tan, Hong Kong, HKG
Feishang Anthracite Resources Ltd is principally engaged in the trading of anthracite coal mines and the extraction and sale of anthracite coal in the People's Republic of China. The Group had only one operating segment: extraction and sale of anthracite coal and trading of anthracite coal. The company conducts its principal operation and derives revenues solely from Mainland China.