Shougang Century Holdings (HKSE:00103) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Shougang Century Holdings Change In Receivables?

Shougang Century Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Shougang Century Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Shougang Century Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-158 Mil. It means Shougang Century Holdings's Accounts Receivable increased by HK$158 Mil from Dec. 2022 to Dec. 2023 .

Shougang Century Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$646 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. Shougang Century Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 93.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shougang Century Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-886 Mil.

Shougang Century Holdings Change In Receivables Historical Data

The historical data trend for Shougang Century Holdings'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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Shougang Century Holdings Change In Receivables Chart

Shougang Century Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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97.16

48.11

-48.90

259.17

-158.11

Shougang Century Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Shougang Century Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Shougang Century Holdings (HKSE:00103) 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.

Shougang Century Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	645.519	/	1259.487	*	91
=	93.54

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

Shougang Century Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	77.138	-	1622.476	+	0.75 * 645.519	+	0.5 * 350.013
=	-886

Shougang Century Holdings Change In Receivables Related Terms

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Shougang Century Holdings (HKSE:00103) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shougang Century Holdings Ltd (HKSE:00103) » Definitions » Change In Receivables

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Traded in Other Exchanges

CW7:Germany

Address

6 Sun Yip Street, Room 1215, 12th Floor, Honour Industrial Centre, Chai Wan, Hong Kong, HKG

Website

https://www.shougangcentury.com.hk

Shougang Century Holdings Ltd along with its subsidiaries is engaged in the manufacturing and sales of steel cords for radial tyres, sawing wires and hose wires. The steel cords are specifically used in radial tires. The company generates majority of its revenue from the steel cord business in China. The Group's operations are currently organized into one reportable segment which is steel cord segment.

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