SYH (Mountain&Sea Health) Change In Receivables: $-2.00 Mil (TTM As of Jun. 2024)

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What is Mountain&Sea Health Change In Receivables?

Mountain&Sea Health SYH Change In Receivables is $-2.00 Mil as of Jun. 2024.

Mountain&Sea Health's change in receivables for the quarter that ended in Jun. 2024 was $0.46 Mil. It means Mountain&Sea Health's Accounts Receivable declined by $0.46 Mil from Dec. 2023 to Jun. 2024 .

Mountain&Sea Health's change in receivables for the fiscal year that ended in Jun. 2024 was $-2.00 Mil. It means Mountain&Sea Health's Accounts Receivable increased by $2.00 Mil from Jun. 2023 to Jun. 2024 .

Mountain&Sea Health's Accounts Receivable for the quarter that ended in Jun. 2024 was $4.42 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. Mountain&Sea Health's Days Sales Outstanding for the six months ended in Jun. 2024 was 190.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mountain&Sea Health's liquidation value for the six months ended in Jun. 2024 was $2.92 Mil.

Mountain&Sea Health  (NAS:SYH) 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.

Mountain&Sea Health's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.419/4.228*91
=190.74

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

Mountain&Sea Health's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.616-5.157+0.75 * 4.419+0.5 * 0.294
=2.92

* 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.

Mountain&Sea Health Change In Receivables Related Terms

Mountain&Sea Health Change In Receivables Historical Data

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The historical data trend for Mountain&Sea Health'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.

Mountain&Sea Health Change In Receivables Chart

Mountain&Sea Health Annual Data
Trend Jun22 Jun23 Jun24
Change In Receivables
-0.31 -1.51 -2.00

Mountain&Sea Health Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables 0.00 0.22 -1.73 -2.46 0.46

Mountain&Sea Health 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.00 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 $-2.00 Mil mean?
Mountain&Sea Health (SYH) has a Change In Receivables of $-2.00 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mountain&Sea Health and its competitors.
Is Mountain&Sea Health's Change In Receivables too high?
Mountain&Sea Health's current Change In Receivables is $-2.00 Mil.
How does Mountain&Sea Health's Change In Receivables compare to ?
Mountain&Sea Health's Change In Receivables of $-2.00 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Mountain&Sea Health and its competitors. Mountain&Sea Health's current Change In Receivables is $-2.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mountain&Sea Health stock overvalued right now?
Mountain&Sea Health (SYH) has a current Change In Receivables of $-2.00 Mil. The current Change In Receivables is $-2.00 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 Mountain&Sea Health (SYH), the current Change In Receivables is $-2.00 Mil as of Jun. 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.

Mountain&Sea Health Business Description

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Address No. 413 Gudun Road, 7th Floor, Wenxin Library Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Mountain&Sea Health Inc is engaged in providing health solutions to the middle-aged and elderly populations, encompassing various health management services, health products, accommodation services and health camps in China. The company business is categorized into five main sections: Health Management Services, Selected Products, Health Foods, Accommodation Services, and Health Camps. Key revenue is generated from Health Foods which includes dietary and supplementary food products designed to meet the specific nutritional needs of the middle-aged and elderly. These products are manufactured and supplied by partners and are available in various offline sales scenarios.