Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shanghai Mechanical & Electrical Industry Co Change In Receivables?

Shanghai Mechanical & Electrical Industry Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanghai Mechanical & Electrical Industry Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Mechanical & Electrical Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-23 Mil. It means Shanghai Mechanical & Electrical Industry Co's Accounts Receivable increased by ¥23 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Mechanical & Electrical Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥4,358 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. Shanghai Mechanical & Electrical Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Mechanical & Electrical Industry Co's liquidation value for the three months ended in Mar. 2024 was ¥-678 Mil.

Shanghai Mechanical & Electrical Industry Co Change In Receivables Historical Data

The historical data trend for Shanghai Mechanical & Electrical Industry 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.

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Shanghai Mechanical & Electrical Industry Co Change In Receivables Chart

Shanghai Mechanical & Electrical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,337.95

-1,732.96

-1,969.93

-714.43

-23.10

Shanghai Mechanical & Electrical Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Shanghai Mechanical & Electrical Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shanghai Mechanical & Electrical Industry Co (SHSE:600835) 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.

Shanghai Mechanical & Electrical Industry Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4358.004	/	4311.142	*	91
=	92.24

2. In Ben Graham's calculation of liquidation value, Shanghai Mechanical & Electrical Industry Co's accounts receivable are only considered to be worth 75% of book value:

Shanghai Mechanical & Electrical Industry Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12829.022	-	20963.655	+	0.75 * 4358.004	+	0.5 * 8377.259
=	-678

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Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Mechanical & Electrical Industry Co Ltd (SHSE:600835) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

900925:China

Address

No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135

Website

http://www.chinasec.cn

Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.

Executives

Yu Yin Gui

Supervisors

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