SDGMF (Shandong Gold Mining Co) Change In Receivables: $0 Mil (TTM As of Jun. 2026)

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.

SDGMF Shandong Gold Mining Co Ltd SDGMF
71 GF Score
Price $2.69
GF Value $5.37
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Shandong Gold Mining Co Change In Receivables?

Shandong Gold Mining Co SDGMF 71 Change In Receivables is $0 Mil as of Jun. 2026. GuruFocus rates SDGMF with a GF Score™ of 71/100 and a GF Value™ of $5.37 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shandong Gold Mining Co's change in receivables for the quarter that ended in Jun. 2026 was $0 Mil. It means Shandong Gold Mining Co's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Shandong Gold Mining Co's change in receivables for the fiscal year that ended in Dec. 2025 was $-26 Mil. It means Shandong Gold Mining Co's Accounts Receivable increased by $26 Mil from Dec. 2024 to Dec. 2025 .

Shandong Gold Mining Co's Accounts Receivable for the quarter that ended in Jun. 2026 was $50 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. Shandong Gold Mining Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 1.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Gold Mining Co's liquidation value for the three months ended in Jun. 2026 was $-12,587 Mil.


Shandong Gold Mining Co  (OTCPK:SDGMF) 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.

Shandong Gold Mining 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
=49.673/3109.859*91
=1.46

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

Shandong Gold Mining Co's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2952.785-16219.252+0.75 * 49.673+0.5 * 1284.281
=-12,587

* 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 Gold Mining Co Change In Receivables Related Terms


Shandong Gold Mining Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shandong Gold Mining 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.

Shandong Gold Mining Co Change In Receivables Chart

Shandong Gold Mining Co 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 155.72 -315.84 -427.60 -116.52 -25.79

Shandong Gold Mining Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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
SDGMF
71GF Score
Shandong Gold Mining Co Ltd SDGMF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Gold Mining 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0 Mil mean?
Shandong Gold Mining Co (SDGMF) has a Change In Receivables of $0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shandong Gold Mining Co and its competitors.
Is Shandong Gold Mining Co's Change In Receivables too high?
Shandong Gold Mining Co's current Change In Receivables is $0 Mil. Overall, Shandong Gold Mining Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shandong Gold Mining Co's Change In Receivables compare to NEM and AU?
Shandong Gold Mining Co's Change In Receivables of $0 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 Shandong Gold Mining Co and its competitors. Shandong Gold Mining Co's current Change In Receivables is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Gold Mining Co (SDGMF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.37, compared to a current price of $2.69 — trading 49.9% below its estimated fair value. The current Change In Receivables is $0 Mil. Shandong Gold Mining Co's overall GF Score™ is 71/100 with 3 warning signs to review. 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 Shandong Gold Mining Co (SDGMF), the current Change In Receivables is $0 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 Gold Mining Co (SDGMF) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Gold Mining Co stock appears to be undervalued. The current stock price of $2.69 is trading 49.9% below its estimated GF Value™ of $5.37. GuruFocus considers Shandong Gold Mining Co to be Possible Value Trap.

Key valuation signals for SDGMF:

  • Change In Receivables: $0 Mil
  • GF Value™: $5.37 vs. price of $2.69 (49.9% below fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Shandong Gold Mining Co Business Description

Address No. 2503, Jingshi Road, Licheng District, Shandong Province, Jinan, CHN, 250100
Shandong Gold Mining Co Ltd is a China-based company mainly engaged in the exploration, mining, beneficiation, and sales of gold and non-ferrous metals. Additionally, it is involved in the production, processing, and sales of specialized equipment for gold mines and construction and decoration materials. The company's main products include standard gold bullions, investment gold bars, alloy gold, and silver ingots. Its portfolio of gold mines comprises Sanshandao Gold Mine, Jiaojia Gold Mine, Xincheng Gold Mine, Veladero Gold Mine, and Qinghai Dachaidan Mining, among others. The company's reporting segments are: Gold, which derives maximum revenue, Silver metal, Copper metal, Iron ore concentrates, Lead metal, Zinc metal, Purchased gold, Small gold bars, and Others.
71GF Score

Get the complete analysis for SDGMF

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

$2.69
Price
$5.37
GF Value