SECOY (Secoo Holding) Change In Receivables: $0.0 Mil (TTM As of Jun. 2022)

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.

SECOY Secoo Holding Ltd SECOY
12 GF Score
Price $0.00
View Full Analysis

What is Secoo Holding Change In Receivables?

Secoo Holding SECOY 12 Change In Receivables is $0.0 Mil as of Jun. 2022. GuruFocus rates SECOY with a GF Score™ of 12/100.

Secoo Holding's change in receivables for the quarter that ended in Jun. 2022 was $0.0 Mil. It means Secoo Holding's Accounts Receivable stayed the same from Dec. 2021 to Jun. 2022 .

Secoo Holding's change in receivables for the fiscal year that ended in Dec. 2021 was $12.7 Mil. It means Secoo Holding's Accounts Receivable declined by $12.7 Mil from Dec. 2020 to Dec. 2021 .

Secoo Holding's Accounts Receivable for the quarter that ended in Jun. 2022 was $0.4 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. Secoo Holding's Days Sales Outstanding for the six months ended in Jun. 2022 was 0.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Secoo Holding's liquidation value for the six months ended in Jun. 2022 was $-223.4 Mil.

Secoo Holding  (OTCPK:SECOY) 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.

Secoo Holding's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.431/173.895*91
=0.45

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

Secoo Holding's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=11.702-424.531+0.75 * 0.431+0.5 * 378.265
=-223.4

* 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.

Secoo Holding Change In Receivables Related Terms

Secoo Holding Change In Receivables Historical Data

* Premium members only.

The historical data trend for Secoo Holding'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.

Secoo Holding Change In Receivables Chart

Secoo Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial -5.04 -10.66 -1.31 2.94 12.72

Secoo Holding Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.00 0.00 0.00 0.00 0.00
SECOY
12GF Score
Secoo Holding Ltd SECOY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Secoo Holding 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 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 $0.0 Mil mean?
Secoo Holding (SECOY) has a Change In Receivables of $0.0 Mil as of Jun. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Secoo Holding and its competitors.
Is Secoo Holding's Change In Receivables too high?
Secoo Holding's current Change In Receivables is $0.0 Mil. Overall, Secoo Holding has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Secoo Holding's Change In Receivables compare to PIK and MOGU?
Secoo Holding's Change In Receivables of $0.0 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Secoo Holding and its competitors. Secoo Holding's current Change In Receivables is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secoo Holding stock overvalued right now?
Secoo Holding (SECOY) has a current Change In Receivables of $0.0 Mil. The current Change In Receivables is $0.0 Mil. Secoo Holding's overall GF Score™ is 12/100. 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 Secoo Holding (SECOY), the current Change In Receivables is $0.0 Mil as of Jun. 2022. 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.

Secoo Holding Business Description

Address No. 3 Courtyard Building 2, Sanlitun Road A, Chaoyang District, Beijing, CHN, 100027
Secoo Holding Ltd operates an online and offline shopping platform in China. It operates as an online retailer in China through the website, mobile applications, and offline experience centers in Beijing, Shanghai, Chengdu, Tianjin, Xiamen, Qingdao, and Malaysia. Also, the company is cooperating with brand boutiques such as Versace boutiques for its customers to pick up products ordered on its online platform. The majority of revenue is generated from its online business. Its geographical segments are China, Hongkong, and Others, of which the majority of the revenue is generated from China.
12GF Score

Get the complete analysis for SECOY

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

$0.00
Price