SNI (Shenni Holdings) Change In Receivables: $-4.88 Mil (TTM As of Sep. 2024)

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What is Shenni Holdings Change In Receivables?

Shenni Holdings SNI Change In Receivables is $-4.88 Mil as of Sep. 2024.

Shenni Holdings's change in receivables for the quarter that ended in Sep. 2024 was $-0.77 Mil. It means Shenni Holdings's Accounts Receivable increased by $0.77 Mil from Mar. 2024 to Sep. 2024 .

Shenni Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was $-2.88 Mil. It means Shenni Holdings's Accounts Receivable increased by $2.88 Mil from Mar. 2023 to Mar. 2024 .

Shenni Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was $6.31 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. Shenni Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 103.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenni Holdings's liquidation value for the six months ended in Sep. 2024 was $-0.74 Mil.

Shenni Holdings  (NAS:SNI) 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.

Shenni Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.31/11.176*91
=103.04

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

Shenni Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.985-6.948+0.75 * 6.31+0.5 * 0.976
=-0.74

* 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.

Shenni Holdings Change In Receivables Related Terms

Shenni Holdings Change In Receivables Historical Data

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The historical data trend for Shenni 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.

Shenni Holdings Change In Receivables Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Change In Receivables
-2.99 -2.88

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Change In Receivables 0.00 1.23 -4.11 -0.77

Shenni 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.88 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 $-4.88 Mil mean?
Shenni Holdings (SNI) has a Change In Receivables of $-4.88 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shenni Holdings and its competitors.
Is Shenni Holdings' Change In Receivables too high?
Shenni Holdings' current Change In Receivables is $-4.88 Mil.
How does Shenni Holdings' Change In Receivables compare to ?
Shenni Holdings' Change In Receivables of $-4.88 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 Shenni Holdings and its competitors. Shenni Holdings's current Change In Receivables is $-4.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Change In Receivables of $-4.88 Mil. The current Change In Receivables is $-4.88 Mil. 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 Shenni Holdings (SNI), the current Change In Receivables is $-4.88 Mil as of Sep. 2024. 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.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.