Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shanghai Taisheng Wind Power Equipment Co Change In Receivables?

Shanghai Taisheng Wind Power Equipment Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shanghai Taisheng Wind Power Equipment Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shanghai Taisheng Wind Power Equipment Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-929 Mil. It means Shanghai Taisheng Wind Power Equipment Co's Accounts Receivable increased by ¥929 Mil from Dec. 2022 to Dec. 2023 .

Shanghai Taisheng Wind Power Equipment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥2,605 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 Taisheng Wind Power Equipment Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 361.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Taisheng Wind Power Equipment Co's liquidation value for the three months ended in Mar. 2024 was ¥-159 Mil.

Shanghai Taisheng Wind Power Equipment Co Change In Receivables Historical Data

The historical data trend for Shanghai Taisheng Wind Power 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 Taisheng Wind Power Equipment Co Change In Receivables Chart

Shanghai Taisheng Wind Power Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-391.59

-667.64

-385.31

-171.83

-929.20

Shanghai Taisheng Wind Power Equipment 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															-	-	-	-	-

Shanghai Taisheng Wind Power 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) 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 Taisheng Wind Power Equipment 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
=	2604.884	/	656.937	*	91
=	361.82

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

Shanghai Taisheng Wind Power Equipment 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)
=	609.334	-	3703.255	+	0.75 * 2604.884	+	0.5 * 1961.808
=	-159

Shanghai Taisheng Wind Power Equipment Co Change In Receivables Related Terms

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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Taisheng Wind Power Equipment Co Ltd (SZSE:300129) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1988 East Weiqing Road, Jinshanzui Industrial District, Jinshan District, Shanghai, CHN, 201508

Website

http://www.shtspchina.com

Shanghai Taisheng Wind Power Equipment Co Ltd is a China-based company. It is principally engaged in the research, development, manufacture, and sales of wind power generation equipment. The company's products are mainly used in offshore wind power generation and marine engineering. Shanghai is also involved in the operation and maintenance of wind farms.

Executives

Huang Jing Ming	Director
Liu Zhi Cheng	Director
Zhang Fu Lin	Director
Xia Quan Guang	Director
Zhao Jian Min	Executives
Dou Jian Rong	Director
Zhang Jin Nan	Directors, executives
Zou Tao	Directors, Directors, and Executives
Huang Wei Guang	Supervisors
Zhu Shou Guo	Director
Lin Shou Tong	Director
Cai Xun Jiang	Supervisors
Wu Yun Dong	Director

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