GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Change In Receivables

Sun Art Retail Group (Sun Art Retail Group) Change In Receivables : $0 Mil (TTM As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Sun Art Retail Group Change In Receivables?

Sun Art Retail Group's change in receivables for the quarter that ended in Sep. 2023 was $0 Mil. It means Sun Art Retail Group's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Sun Art Retail Group's change in receivables for the fiscal year that ended in Mar. 2023 was $144 Mil. It means Sun Art Retail Group's Accounts Receivable declined by $144 Mil from Mar. 2022 to Mar. 2023 .

Sun Art Retail Group's Accounts Receivable for the quarter that ended in Sep. 2023 was $316 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. Sun Art Retail Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 11.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sun Art Retail Group's liquidation value for the six months ended in Sep. 2023 was $-2,046 Mil.


Sun Art Retail Group Change In Receivables Historical Data

The historical data trend for Sun Art Retail Group'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.

Sun Art Retail Group Change In Receivables Chart

Sun Art Retail Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.65 38.79 -52.75 -196.07 143.96

Sun Art Retail Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Sun Art Retail Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 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.


Sun Art Retail Group  (OTCPK:SURRF) 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.

Sun Art Retail Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=315.707/4901.136*91
=11.76

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

Sun Art Retail Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2853.287-5733.156+0.75 * 315.707+0.5 * 1194.316
=-2,046

* 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.


Sun Art Retail Group Change In Receivables Related Terms

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


Sun Art Retail Group (Sun Art Retail Group) Business Description

Traded in Other Exchanges
Address
183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

Matthews China Fund Comments on Sun Art Retail Group Ltd

By Vera Yuan Vera Yuan 07-30-2015