Sichuan Shengda Forestry Industry Co (SZSE:002259) Change In Receivables : ¥0.0 Mil (TTM As of Mar. 2024)

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What is Sichuan Shengda Forestry Industry Co Change In Receivables?

Sichuan Shengda Forestry Industry Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0.0 Mil. It means Sichuan Shengda Forestry Industry Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Sichuan Shengda Forestry Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥39.0 Mil. It means Sichuan Shengda Forestry Industry Co's Accounts Receivable declined by ¥39.0 Mil from Dec. 2022 to Dec. 2023 .

Sichuan Shengda Forestry Industry Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥8.7 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. Sichuan Shengda Forestry Industry Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sichuan Shengda Forestry Industry Co's liquidation value for the three months ended in Mar. 2024 was ¥-384.1 Mil.

Sichuan Shengda Forestry Industry Co Change In Receivables Historical Data

The historical data trend for Sichuan Shengda Forestry Industry 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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Sichuan Shengda Forestry Industry Co Change In Receivables Chart

Sichuan Shengda Forestry Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.14

22.25

13.22

10.53

38.95

Sichuan Shengda Forestry Industry 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															-	-	-	-	-

Sichuan Shengda Forestry Industry 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 ¥0.0 Mil.

Sichuan Shengda Forestry Industry Co (SZSE:002259) 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.

Sichuan Shengda Forestry Industry 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
=	8.709	/	150.937	*	91
=	5.27

2. In Ben Graham's calculation of liquidation value, Sichuan Shengda Forestry Industry Co's accounts receivable are only considered to be worth 75% of book value:

Sichuan Shengda Forestry Industry 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)
=	237.79	-	637.25	+	0.75 * 8.709	+	0.5 * 17.713
=	-384.1

Sichuan Shengda Forestry Industry Co Change In Receivables Related Terms

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Sichuan Shengda Forestry Industry Co (SZSE:002259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sichuan Shengda Forestry Industry Co Ltd (SZSE:002259) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42 Donghua Main Street, Jinjiang District, Chengdu, Sichuan, CHN, 610016

Website

http://www.shengdawood.com

Sichuan Shengda Forestry Industry Co Ltd operates in the development of clean energy business. The company is engaged in the upstream which include exploration and mining, midstream which includes processing and logistics, and downstream which include application and distribution. The business segments of the company include LNG production and sales, town cooperation, LNG logistics, gas station, and peaking station.

Executives

Yan Jing Sheng	Supervisors
Xiang Zhong Hua	Directors, executives
Zhang Chang Lin	Supervisors
Jiang Chang Zheng	Director
Dong Jing Tao	Director
Cai Chun	Director
Zhu Hong Yao	Executives

Sichuan Shengda Forestry Industry Co (SZSE:002259) Headlines

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