Solareast Holdings Co (SHSE:603366) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Solareast Holdings Co Change In Receivables?

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

Solareast Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥6 Mil. It means Solareast Holdings Co's Accounts Receivable declined by ¥6 Mil from Dec. 2022 to Dec. 2023 .

Solareast Holdings Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥363 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. Solareast Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solareast Holdings Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,781 Mil.

Solareast Holdings Co Change In Receivables Historical Data

The historical data trend for Solareast Holdings 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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Solareast Holdings Co Change In Receivables Chart

Solareast Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-286.18

-5.04

104.76

-136.90

6.00

Solareast Holdings 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															-	-	-	-	-

Solareast Holdings 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.

Solareast Holdings Co (SHSE:603366) 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.

Solareast Holdings 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
=	363.449	/	730.442	*	91
=	45.40

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

Solareast Holdings 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)
=	510.785	-	2999.619	+	0.75 * 363.449	+	0.5 * 871.35
=	-1,781

Solareast Holdings Co Change In Receivables Related Terms

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Solareast Holdings Co (SHSE:603366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solareast Holdings Co Ltd (SHSE:603366) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243

Website

http://en.sunrain.com

Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.

Executives

Xu Zhong	senior management
Zhang Ya Ming	senior management
Jiao Qing Tai	senior management
Wan Xu Chang	Directors, senior managers
Zhang Chao	Director
Liu Wen Ling	senior management
Zhang Liang Liang	Director
Sun Ming Yang	Directors, senior managers
Huang Yin Chuan	Director
Zhu Ya Lin	senior management
Li Jun	senior management
Chen Rong Hua	senior management
Li Li Gan	senior management
Liu Wei	Director
Yang Zhi Quan	Supervisors

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