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Sensteed Hi-tech Group (SZSE:000981) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Sensteed Hi-tech Group Change In Receivables?

Sensteed Hi-tech Group's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Sensteed Hi-tech Group's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Sensteed Hi-tech Group's change in receivables for the fiscal year that ended in Dec. 2023 was ¥1,277 Mil. It means Sensteed Hi-tech Group's Accounts Receivable declined by ¥1,277 Mil from Dec. 2022 to Dec. 2023 .

Sensteed Hi-tech Group's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥737 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. Sensteed Hi-tech Group's Days Sales Outstanding for the three months ended in Jun. 2024 was 68.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sensteed Hi-tech Group's liquidation value for the three months ended in Jun. 2024 was ¥-8,212 Mil.


Sensteed Hi-tech Group Change In Receivables Historical Data

The historical data trend for Sensteed Hi-tech 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.

Sensteed Hi-tech Group Change In Receivables Chart

Sensteed Hi-tech Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 738.94 1,264.86 216.20 97.43 1,276.87

Sensteed Hi-tech Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Sensteed Hi-tech 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 Jun. 2024 adds up the quarterly 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.


Sensteed Hi-tech Group  (SZSE:000981) 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.

Sensteed Hi-tech Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=737.205/980.008*91
=68.64

2. In Ben Graham's calculation of liquidation value, Sensteed Hi-tech Group's accounts receivable are only considered to be worth 75% of book value:

Sensteed Hi-tech Group'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)
=845.125-9885.873+0.75 * 737.205+0.5 * 551.128
=-8,212

* 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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Sensteed Hi-tech Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1800, Zhongshan East Road, 42nd Floor, Guohua Financial Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Sensteed Hi-tech Group is engaged in the New energy business. It's actively deploying new energy vehicles & semiconductors Dual industry chains to create a high-end manufacturing ecosystem that is interconnected and interactive with multiple industries such as new energy vehicle manufacturing, semiconductor packaging materials, high-end automotive parts, and travel services.
Executives
Xiong Xu Qiang Director
Wu Xi Liang Director
Liang Yong Bo Supervisors
Xu Hai Jiang Supervisors
Jin Zhao Xiu Director
Hou Xin Cai Executives

Sensteed Hi-tech Group Headlines

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