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Zhejiang Shapuaisi Pharmaceutical Co (SHSE:603168) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2024)


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What is Zhejiang Shapuaisi Pharmaceutical Co Change In Receivables?

Zhejiang Shapuaisi Pharmaceutical Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0.0 Mil. It means Zhejiang Shapuaisi Pharmaceutical Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Zhejiang Shapuaisi Pharmaceutical Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-12.0 Mil. It means Zhejiang Shapuaisi Pharmaceutical Co's Accounts Receivable increased by ¥12.0 Mil from Dec. 2022 to Dec. 2023 .

Zhejiang Shapuaisi Pharmaceutical Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥38.1 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. Zhejiang Shapuaisi Pharmaceutical Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 28.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zhejiang Shapuaisi Pharmaceutical Co's liquidation value for the three months ended in Sep. 2024 was ¥-162.1 Mil.


Zhejiang Shapuaisi Pharmaceutical Co Change In Receivables Historical Data

The historical data trend for Zhejiang Shapuaisi Pharmaceutical 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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Zhejiang Shapuaisi Pharmaceutical Co Change In Receivables Chart

Zhejiang Shapuaisi Pharmaceutical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.09 22.29 -4.19 6.83 -12.04

Zhejiang Shapuaisi Pharmaceutical Co 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 - - - - -

Zhejiang Shapuaisi Pharmaceutical 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 Sep. 2024 adds up the quarterly 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.


Zhejiang Shapuaisi Pharmaceutical Co  (SHSE:603168) 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.

Zhejiang Shapuaisi Pharmaceutical Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.065/122.55*91
=28.34

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

Zhejiang Shapuaisi Pharmaceutical Co'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)
=198.96-431.28+0.75 * 38.065+0.5 * 83.417
=-162.1

* 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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Zhejiang Shapuaisi Pharmaceutical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1588 Xinming Road, Economic Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Zhejiang Shapuaisi Pharmaceutical Co Ltd is a China based pharmaceutical company. It is engaged in drug research and development, production and operation. The product portfolio of the company includes oral solutions, eye drops, tablets, hard capsules, suppositories, granules, raw materials dosage forms such as medicine, rinsing agent and mixture, and others. The company operates pharmaceutical manufacturing companies, pharmaceutical sales company, pharmaceutical retail company and pharmaceutical research institute. The products offered by the company are sold in China and are also exported to the other countries.
Executives
Huang Ming Xiong Directors, senior managers
Wu Jian Guo Director
Xu Hong Sheng senior management
Hu Zheng Guo Director
Ge Sheng Fang Director
Feng Xiao Supervisors
Chen De Kang Director

Zhejiang Shapuaisi Pharmaceutical Co Headlines

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