China Sunsine Chemical Holdings (SGX:QES) Change In Receivables : S$17.7 Mil (TTM As of Dec. 2024)

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What is China Sunsine Chemical Holdings Change In Receivables?

China Sunsine Chemical Holdings's change in receivables for the quarter that ended in Dec. 2024 was S$8.1 Mil. It means China Sunsine Chemical Holdings's Accounts Receivable declined by S$8.1 Mil from Jun. 2024 to Dec. 2024 .

China Sunsine Chemical Holdings's change in receivables for the fiscal year that ended in Dec. 2024 was S$18.0 Mil. It means China Sunsine Chemical Holdings's Accounts Receivable declined by S$18.0 Mil from Dec. 2023 to Dec. 2024 .

China Sunsine Chemical Holdings's Accounts Receivable for the quarter that ended in Dec. 2024 was S$132.3 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. China Sunsine Chemical Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 73.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Sunsine Chemical Holdings's liquidation value for the six months ended in Dec. 2024 was S$430.3 Mil.

China Sunsine Chemical Holdings Change In Receivables Historical Data

The historical data trend for China Sunsine Chemical 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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China Sunsine Chemical Holdings Change In Receivables Chart

China Sunsine Chemical Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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9.63

-83.37

-53.05

21.68

18.03

China Sunsine Chemical Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial															27.01	-0.77	22.56	9.58	8.11

China Sunsine Chemical 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$17.7 Mil.

China Sunsine Chemical Holdings (SGX:QES) 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.

China Sunsine Chemical Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	132.263	/	327.626	*	91
=	73.68

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

China Sunsine Chemical Holdings's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	384.653	-	87.238	+	0.75 * 132.263	+	0.5 * 67.446
=	430.3

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China Sunsine Chemical Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Sunsine Chemical Holdings Ltd (SGX:QES) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

16 Raffles Quay, No. 15-08 Hong Leong Building, Singapore, SGP, 048581

Website

https://www.chinasunsine.com

China Sunsine Chemical Holdings Ltd is a rubber chemical producing company. It produces rubber accelerators, cured rubber, and natural and synthetic rubber. The company also produces insoluble Sulphur, anti-oxidants, and other vulcanizing agents. The company's production facilities are located at Shanxian, Weifang, and Dingtao in Shandong Province, China, and its products are sold under the Sunshine brand. It has three reportable business segments, namely the manufacturing and sale of rubber chemicals which generates key revenue, the production and supply of heating power, and waste treatment. The company operates globally and derives a majority of its revenue from the People's Republic of China.