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Shanghai Morn Electric Equipment Co (SZSE:002451) Change In Receivables : ¥0 Mil (TTM As of Sep. 2024)


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What is Shanghai Morn Electric Equipment Co Change In Receivables?

Shanghai Morn Electric Equipment Co's change in receivables for the quarter that ended in Sep. 2024 was ¥0 Mil. It means Shanghai Morn Electric Equipment Co's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Shanghai Morn Electric Equipment Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥42 Mil. It means Shanghai Morn Electric Equipment Co's Accounts Receivable declined by ¥42 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Morn Electric Equipment Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ¥500 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. Shanghai Morn Electric Equipment Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 119.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Morn Electric Equipment Co's liquidation value for the three months ended in Sep. 2024 was ¥-275 Mil.


Shanghai Morn Electric Equipment Co Change In Receivables Historical Data

The historical data trend for Shanghai Morn Electric Equipment 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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Shanghai Morn Electric Equipment Co Change In Receivables Chart

Shanghai Morn Electric Equipment Co 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 342.76 -71.67 -440.80 -208.67 41.96

Shanghai Morn Electric Equipment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Shanghai Morn Electric Equipment 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 Sep. 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.


Shanghai Morn Electric Equipment Co  (SZSE:002451) 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.

Shanghai Morn Electric Equipment Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=500.236/383.181*91
=119.13

2. In Ben Graham's calculation of liquidation value, Shanghai Morn Electric Equipment Co's accounts receivable are only considered to be worth 75% of book value:

Shanghai Morn Electric Equipment Co's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=150.741-891.724+0.75 * 500.236+0.5 * 182.301
=-275

* 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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Shanghai Morn Electric Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No.2829 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306
Shanghai Morn Electric Equipment Co Ltd is engaged in the manufacture, development and sale of wire, cable and related accessories in China. The company also offers technical consulting and services for its products. Its products include Multi URD cable, Single URD cable, DLO cable, SOOW flexible cable, SJOOW flexible cable, SO flexible cable, SJ flexible cable, among others.
Executives
Zhu Jie Supervisors
Wen Ze Xin Directors, executives
Ye Zhen Executives
Zhu Zhi Ying Director
Dai Ren Min Supervisors
Chen Yin Executives
Wang Yong Wei Directors, executives
Wang Qing Director
Wen Ze Hong Directors, executives
Chen De Bin Executives

Shanghai Morn Electric Equipment Co Headlines

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