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Suofeiya Home Collection Co (SZSE:002572) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


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What is Suofeiya Home Collection Co Change In Receivables?

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

Suofeiya Home Collection Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-155 Mil. It means Suofeiya Home Collection Co's Accounts Receivable increased by ¥155 Mil from Dec. 2022 to Dec. 2023 .

Suofeiya Home Collection Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥964 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. Suofeiya Home Collection Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suofeiya Home Collection Co's liquidation value for the three months ended in Mar. 2024 was ¥-1,985 Mil.


Suofeiya Home Collection Co Change In Receivables Historical Data

The historical data trend for Suofeiya Home Collection 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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Suofeiya Home Collection Co Change In Receivables Chart

Suofeiya Home Collection 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 -436.66 -856.59 173.13 -86.00 -154.97

Suofeiya Home Collection 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 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 - - - - -

Suofeiya Home Collection 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.

* 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.


Suofeiya Home Collection Co  (SZSE:002572) 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.

Suofeiya Home Collection 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
=963.902/2111.108*91
=41.66

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

Suofeiya Home Collection 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)
=2993.887-5983.896+0.75 * 963.902+0.5 * 564.971
=-1,985

* 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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Suofeiya Home Collection Co (SZSE:002572) Business Description

Traded in Other Exchanges
N/A
Address
Ningxi Industrial Park, Xintang Town, Zengcheng District, Guangdong Province, Guangzhou, CHN, 511358
Suofeiya Home Collection Co Ltd is a China-based company, engaged in manufacturing, development, and sale of customized wardrobes and other related furniture. It is also involved in providing other professional services such as design and installation in a timely manner.
Executives
Ke Jian Sheng Director
Pan Wen Shan Secretary, Director
Wang Biao Directors, executives
Jiang Gan Jun Director
Chen Guo Wei Executives
Chen Jian Zhong Executives
Chen Man Qi Securities Affairs Representative
Zhang Ting Executives
Chen Ming Directors, executives

Suofeiya Home Collection Co (SZSE:002572) Headlines

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