Shenzhou International Group Holdings (Shenzhou International Group Holdings) Change In Receivables : $-3 Mil (TTM As of Dec. 2023)

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What is Shenzhou International Group Holdings Change In Receivables?

Shenzhou International Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-61 Mil. It means Shenzhou International Group Holdings's Accounts Receivable increased by $61 Mil from Jun. 2023 to Dec. 2023 .

Shenzhou International Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-3 Mil. It means Shenzhou International Group Holdings's Accounts Receivable increased by $3 Mil from Dec. 2022 to Dec. 2023 .

Shenzhou International Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $704 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. Shenzhou International Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhou International Group Holdings's liquidation value for the six months ended in Dec. 2023 was $1,115 Mil.

Shenzhou International Group Holdings Change In Receivables Historical Data

The historical data trend for Shenzhou International Group Holdings'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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Shenzhou International Group Holdings Change In Receivables Chart

Shenzhou International Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.98

-79.31

104.40

-215.56

-2.66

Shenzhou International Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															24.25	-189.20	-33.87	58.57	-61.40

Shenzhou International Group Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3 Mil.

Shenzhou International Group Holdings (OTCPK:SHZHY) 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.

Shenzhou International Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	703.571	/	1877.795	*	91
=	68.38

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

Shenzhou International Group Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2362.958	-	2204.955	+	0.75 * 703.571	+	0.5 * 857.782
=	1,115

Shenzhou International Group Holdings Change In Receivables Related Terms

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Shenzhou International Group Holdings (Shenzhou International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shenzhou International Group Holdings Ltd (OTCPK:SHZHY) » Definitions » Change In Receivables

Traded in Other Exchanges

SZHIF:USA 02313:Hong Kong S6L:Germany

Address

18 Yongjiang Road, Ningbo Economic and Technical Development Zone, Zhejiang Province, Ningbo, CHN

Website

http://www.shenzhouintl.com

Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (74% of 2021 revenue), casual wear (20% of 2021 revenue), and lingerie (4% of 2021 revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is the company's largest market, accounting for 32% of sales in 2021. This is followed by Europe, the U.S. and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.

Shenzhou International Group Holdings (Shenzhou International Group Holdings) Headlines

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