Sinostar Pec Holdings (SGX:C9Q) Change In Receivables : S$1 Mil (TTM As of Dec. 2023)

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What is Sinostar Pec Holdings Change In Receivables?

Sinostar Pec Holdings's change in receivables for the quarter that ended in Dec. 2023 was S$2 Mil. It means Sinostar Pec Holdings's Accounts Receivable declined by S$2 Mil from Sep. 2023 to Dec. 2023 .

Sinostar Pec Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was S$2 Mil. It means Sinostar Pec Holdings's Accounts Receivable declined by S$2 Mil from Dec. 2022 to Dec. 2023 .

Sinostar Pec Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was S$1 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. Sinostar Pec Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sinostar Pec Holdings's liquidation value for the three months ended in Dec. 2023 was S$-122 Mil.

Sinostar Pec Holdings Change In Receivables Historical Data

The historical data trend for Sinostar Pec 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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Sinostar Pec Holdings Change In Receivables Chart

Sinostar Pec Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.44

1.09

-2.87

6.66

1.88

Sinostar Pec Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															3.91	-28.01	25.27	1.89	1.79

Sinostar Pec 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 quarterly data reported by the company within the most recent 12 months, which was S$1 Mil.

Sinostar Pec Holdings (SGX:C9Q) 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.

Sinostar Pec 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
=	1.152	/	291.132	*	91
=	0.36

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

Sinostar Pec 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)
=	0.096	-	153.885	+	0.75 * 1.152	+	0.5 * 62.483
=	-122

Sinostar Pec Holdings Change In Receivables Related Terms

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Sinostar Pec Holdings (SGX:C9Q) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinostar Pec Holdings Ltd (SGX:C9Q) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500

Website

http://www.sinostar-pec.com

Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene and Logistics and Transport. The company operates in two segments that are Gas Seperation, and Trasport and Logistic Service. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.

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