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Shandong Daye Co (SHSE:603278) Change In Receivables : ¥0 Mil (TTM As of Mar. 2025)


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What is Shandong Daye Co Change In Receivables?

Shandong Daye Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0 Mil. It means Shandong Daye Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Shandong Daye Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-843 Mil. It means Shandong Daye Co's Accounts Receivable increased by ¥843 Mil from Dec. 2023 to Dec. 2024 .

Shandong Daye Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥1,392 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. Shandong Daye Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 104.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Daye Co's liquidation value for the three months ended in Mar. 2025 was ¥-3,223 Mil.


Shandong Daye Co Change In Receivables Historical Data

The historical data trend for Shandong Daye 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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Shandong Daye Co Change In Receivables Chart

Shandong Daye Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -972.96 162.81 945.82 -3,808.39 -843.09

Shandong Daye Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Shandong Daye 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. 2025 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.


Shandong Daye Co  (SHSE:603278) 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.

Shandong Daye Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1392.207/1210.134*91
=104.98

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

Shandong Daye Co's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1249.894-5861.437+0.75 * 1392.207+0.5 * 687.94
=-3,223

* 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.


Shandong Daye Co Change In Receivables Related Terms

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Shandong Daye Co Business Description

Traded in Other Exchanges
N/A
Address
Zhu Zhu Road, Xinxing Economic and Industrial Park, Shandong Province, Zhucheng, CHN, 262218
Shandong Daye Co Ltd is engaged in the bead wire, steel cord and hose wires. Its customers include tyre manufacturers such as ZC Rubber, Cheng xin, CST, Double Coin, and Aeolus Tyre. The company has established the National Rubber Frame Material Standard R&D Base, Petroleum and Chemical Industry High-Performance Bead Wire Research Center, and Shandong High-Performance Bead Wire Engineering.

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