Guangdong Songfa Ceramics Co (SHSE:603268) Change In Receivables: ¥0 Mil (TTM As of Mar. 2026)

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SHSE:603268 Guangdong Songfa Ceramics Co Ltd SHSE:603268
55 GF Score
Price ¥148.99
! 11 Warning Signs
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What is Guangdong Songfa Ceramics Co Change In Receivables?

Guangdong Songfa Ceramics Co SHSE:603268 +1.04% 55 Change In Receivables is ¥0 Mil as of Mar. 2026. GuruFocus rates SHSE:603268 with a GF Score™ of 55/100. The stock has 11 warning signs investors should review.

Guangdong Songfa Ceramics Co's change in receivables for the quarter that ended in Mar. 2026 was ¥0 Mil. It means Guangdong Songfa Ceramics Co's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Guangdong Songfa Ceramics Co's change in receivables for the fiscal year that ended in Dec. 2025 was ¥-9,122 Mil. It means Guangdong Songfa Ceramics Co's Accounts Receivable increased by ¥9,122 Mil from Dec. 2024 to Dec. 2025 .

Guangdong Songfa Ceramics Co's Accounts Receivable for the quarter that ended in Mar. 2026 was ¥133 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. Guangdong Songfa Ceramics Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 1.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Guangdong Songfa Ceramics Co's liquidation value for the three months ended in Mar. 2026 was ¥-34,566 Mil.

Guangdong Songfa Ceramics Co  (SHSE:603268) 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.

Guangdong Songfa Ceramics Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=132.927/8888.335*91
=1.36

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

Guangdong Songfa Ceramics Co's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9282.801-46432.925+0.75 * 132.927+0.5 * 4969.485
=-34,566

* 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.

Guangdong Songfa Ceramics Co Change In Receivables Related Terms

Guangdong Songfa Ceramics Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Change In Receivables Chart

Guangdong Songfa Ceramics Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.12 56.41 34.50 -6,512.43 -9,121.85

Guangdong Songfa Ceramics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
SHSE:603268
55GF Score
Guangdong Songfa Ceramics Co Ltd SHSE:603268
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Guangdong Songfa Ceramics 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ¥0 Mil mean?
Guangdong Songfa Ceramics Co (SHSE:603268) has a Change In Receivables of ¥0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Guangdong Songfa Ceramics Co and its competitors.
Is Guangdong Songfa Ceramics Co's Change In Receivables too high?
Guangdong Songfa Ceramics Co's current Change In Receivables is ¥0 Mil. Overall, Guangdong Songfa Ceramics Co has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Guangdong Songfa Ceramics Co's Change In Receivables compare to SN and SGI?
Guangdong Songfa Ceramics Co's Change In Receivables of ¥0 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Furnishings, Fixtures & Appliances company?
A good Change In Receivables depends on the Furnishings, Fixtures & Appliances industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Guangdong Songfa Ceramics Co and its competitors. Guangdong Songfa Ceramics Co's current Change In Receivables is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Songfa Ceramics Co stock overvalued right now?
Guangdong Songfa Ceramics Co (SHSE:603268) has a current Change In Receivables of ¥0 Mil. The current Change In Receivables is ¥0 Mil. Guangdong Songfa Ceramics Co's overall GF Score™ is 55/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Guangdong Songfa Ceramics Co (SHSE:603268), the current Change In Receivables is ¥0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Guangdong Songfa Ceramics Co Business Description

Address No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produces household porcelain, custom porcelain hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
55GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥148.99
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