SUIC Worldwide Holdings (SUIC Worldwide Holdings) Change In Receivables : $0.18 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is SUIC Worldwide Holdings Change In Receivables?

SUIC Worldwide Holdings's change in receivables for the quarter that ended in Dec. 2023 was $0.07 Mil. It means SUIC Worldwide Holdings's Accounts Receivable declined by $0.07 Mil from Sep. 2023 to Dec. 2023 .

SUIC Worldwide Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $0.18 Mil. It means SUIC Worldwide Holdings's Accounts Receivable declined by $0.18 Mil from Dec. 2022 to Dec. 2023 .

SUIC Worldwide Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.19 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. SUIC Worldwide Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 568.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SUIC Worldwide Holdings's liquidation value for the three months ended in Dec. 2023 was $-0.25 Mil.

SUIC Worldwide Holdings Change In Receivables Historical Data

The historical data trend for SUIC Worldwide 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.

* Premium members only.

SUIC Worldwide Holdings Change In Receivables Chart

SUIC Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.14

-0.10

-0.27

0.01

0.18

SUIC Worldwide Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.07	-0.05	0.08	0.07	0.07

SUIC Worldwide 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 quarterly data reported by the company within the most recent 12 months, which was $0.18 Mil.

SUIC Worldwide Holdings (OTCPK:SUIC) 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.

SUIC Worldwide 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
=	0.187	/	0.03	*	91
=	568.79

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

SUIC Worldwide 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)
=	0.038	-	0.427	+	0.75 * 0.187	+	0.5 * 0
=	-0.25

SUIC Worldwide Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of SUIC Worldwide Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

SUIC Worldwide Holdings (SUIC Worldwide Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SUIC Worldwide Holdings Ltd (OTCPK:SUIC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354

Website

https://www.sinounitedco.com

SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services.

Executives

Jianye Wang	10 percent owner	47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang	director, 10 percent owner, officer: VP, Global Energy Services	136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354