Shenzhen Cereals Holdings Co (SZSE:000019) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Cereals Holdings Co Change In Receivables?

Shenzhen Cereals Holdings Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shenzhen Cereals Holdings Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Cereals Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥92 Mil. It means Shenzhen Cereals Holdings Co's Accounts Receivable declined by ¥92 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Cereals Holdings Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥116 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 Cereals Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Cereals Holdings Co's liquidation value for the three months ended in Mar. 2024 was ¥-186 Mil.

Shenzhen Cereals Holdings Co Change In Receivables Historical Data

The historical data trend for Shenzhen Cereals Holdings Co'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.

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Shenzhen Cereals Holdings Co Change In Receivables Chart

Shenzhen Cereals Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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219.61

128.16

-149.49

136.30

92.20

Shenzhen Cereals Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Shenzhen Cereals Holdings Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shenzhen Cereals Holdings Co (SZSE:000019) 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 Cereals Holdings Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	115.904	/	1072.963	*	91
=	9.86

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

Shenzhen Cereals Holdings Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	240.917	-	2199.329	+	0.75 * 115.904	+	0.5 * 3371.155
=	-186

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Shenzhen Cereals Holdings Co (SZSE:000019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Cereals Holdings Co Ltd (SZSE:000019) » Definitions » Change In Receivables

Traded in Other Exchanges

200019:China

Address

No. 9 Fuhong Road, 13th Floor, Tower A, World Trade Plaza, Futian District, Shenzhen, CHN, 518033

Website

http://www.slkg1949.com

Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.

Executives

Chen Can Song	Independent director
Fan Zhi Qing	Independent director
Yan Ze Song	Executives, directors
Li Fang	Executives
Yao Xiao Peng	Executives
Li Yi Yan	Directors, executives
Wang Zhi Ping	Executives
Zheng Yu Xi	Director
Lin Hong	Supervisors

Shenzhen Cereals Holdings Co (SZSE:000019) Headlines

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