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SinoCloud Group (SGX:LYY) Change In Receivables : S$-0.53 Mil (TTM As of Sep. 2024)


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What is SinoCloud Group Change In Receivables?

SinoCloud Group's change in receivables for the quarter that ended in Sep. 2024 was S$-0.18 Mil. It means SinoCloud Group's Accounts Receivable increased by S$0.18 Mil from Jun. 2024 to Sep. 2024 .

SinoCloud Group's change in receivables for the fiscal year that ended in Jun. 2024 was S$-0.27 Mil. It means SinoCloud Group's Accounts Receivable increased by S$0.27 Mil from Jun. 2023 to Jun. 2024 .

SinoCloud Group's Accounts Receivable for the quarter that ended in Sep. 2024 was S$1.26 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. SinoCloud Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 423.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SinoCloud Group's liquidation value for the three months ended in Sep. 2024 was S$-18.97 Mil.


SinoCloud Group Change In Receivables Historical Data

The historical data trend for SinoCloud Group'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.

* Premium members only.

SinoCloud Group Change In Receivables Chart

SinoCloud Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 -0.18 0.55 0.30 -0.27

SinoCloud Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.10 -0.26 -0.20 0.11 -0.18

SinoCloud Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was S$-0.53 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.


SinoCloud Group  (SGX:LYY) 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.

SinoCloud Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.259/0.271*91
=423.93

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

SinoCloud Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-19.915+0.75 * 1.259+0.5 * 0
=-18.97

* 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.


SinoCloud Group Change In Receivables Related Terms

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SinoCloud Group Business Description

Traded in Other Exchanges
N/A
Address
Jinyang Technology Industrial Zone, Room B294, Venture Building, Hi-Tech Industrial Developement Area, Guizhou, Guiyang, CHN
SinoCloud Group Ltd is an investment holding company which provides Internet data centre management services in the People's Republic of China. The company operates through one segment: Internet Data Centre Services which is engaged in the Provision of a high-performance internet data centre, cloud computing, and data services in China & Other business operations include investment holding and are categorised as All other segments. The majority of revenue is derived from Internet data centre services. It operates in two geographic areas: Hong Kong and the People's Republic of China, the majority of revenue is derived from the People's Republic of China.

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