SEC Electric Machinery Co (SHSE:603988) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2025)

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What is SEC Electric Machinery Co Change In Receivables?

SEC Electric Machinery Co's change in receivables for the quarter that ended in Mar. 2025 was ¥0.0 Mil. It means SEC Electric Machinery Co's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

SEC Electric Machinery Co's change in receivables for the fiscal year that ended in Dec. 2024 was ¥-37.6 Mil. It means SEC Electric Machinery Co's Accounts Receivable increased by ¥37.6 Mil from Dec. 2023 to Dec. 2024 .

SEC Electric Machinery Co's Accounts Receivable for the quarter that ended in Mar. 2025 was ¥246.3 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. SEC Electric Machinery Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 190.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SEC Electric Machinery Co's liquidation value for the three months ended in Mar. 2025 was ¥-1.1 Mil.

SEC Electric Machinery Co Change In Receivables Historical Data

The historical data trend for SEC Electric Machinery 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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SEC Electric Machinery Co Change In Receivables Chart

SEC Electric Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-83.79

-90.65

-47.45

17.71

-37.60

SEC Electric Machinery 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															-	-	-	-	-

SEC Electric Machinery 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 ¥0.0 Mil.

SEC Electric Machinery Co (SHSE:603988) 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.

SEC Electric Machinery 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
=	246.279	/	118.083	*	91
=	190.31

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

SEC Electric Machinery 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)
=	150.385	-	482.084	+	0.75 * 246.279	+	0.5 * 291.689
=	-1.1

SEC Electric Machinery Co Change In Receivables Related Terms

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SEC Electric Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SEC Electric Machinery Co Ltd (SHSE:603988) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN

Website

http://www.sec-motor.com

SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.

Executives

Wang Jian Yu	Director
Wang Jian Kai	Director

SEC Electric Machinery Co Headlines

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