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Shenzhen Fountain (SZSE:000005) Change In Receivables : ¥0.0 Mil (TTM As of Sep. 2023)


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What is Shenzhen Fountain Change In Receivables?

Shenzhen Fountain's change in receivables for the quarter that ended in Sep. 2023 was ¥0.0 Mil. It means Shenzhen Fountain's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Shenzhen Fountain's change in receivables for the fiscal year that ended in Dec. 2022 was ¥-244.8 Mil. It means Shenzhen Fountain's Accounts Receivable increased by ¥244.8 Mil from Dec. 2021 to Dec. 2022 .

Shenzhen Fountain's Accounts Receivable for the quarter that ended in Sep. 2023 was ¥170.6 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. Shenzhen Fountain's Days Sales Outstanding for the three months ended in Sep. 2023 was 321.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Fountain's liquidation value for the three months ended in Sep. 2023 was ¥-1,062.1 Mil.


Shenzhen Fountain Change In Receivables Historical Data

The historical data trend for Shenzhen Fountain'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.

Shenzhen Fountain Change In Receivables Chart

Shenzhen Fountain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -165.21 -0.86 154.27 94.39 -244.85

Shenzhen Fountain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

Shenzhen Fountain 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 quarterly data reported by the company within the most recent 12 months, which was ¥0.0 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.


Shenzhen Fountain  (SZSE:000005) 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.

Shenzhen Fountain's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=170.621/48.445*91
=321.38

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

Shenzhen Fountain'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)
=47.378-1243.75+0.75 * 170.621+0.5 * 12.66
=-1,062.1

* 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.


Shenzhen Fountain Change In Receivables Related Terms

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Shenzhen Fountain Business Description

Traded in Other Exchanges
N/A
Address
Renmin South Road, Development Center Building, 13F, Shenzhen, Guangdong, CHN, 518001
Shenzhen Fountain Corp is an innovative company in the energy and environmental sector and is mainly engaged in carbon transformation efforts along its main businesses, which include sustainable real estate development, alternative transportation concepts and waste to carbon technologies.
Executives
Chen Kun Bai Director
Liu Min Er Supervisors
Zheng Lie Lie Directors, executives
Song Xiao Gang Director
Ren Sheng Jian Director
Yong Zheng Feng Supervisors
Chen Rong Quan Director

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