Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Shenzhen Sunshine Laser and Electronics Technology Co Change In Receivables?

Shenzhen Sunshine Laser and Electronics Technology Co's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means Shenzhen Sunshine Laser and Electronics Technology Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Shenzhen Sunshine Laser and Electronics Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-94 Mil. It means Shenzhen Sunshine Laser and Electronics Technology Co's Accounts Receivable increased by ¥94 Mil from Dec. 2022 to Dec. 2023 .

Shenzhen Sunshine Laser and Electronics Technology Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥509 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. Shenzhen Sunshine Laser and Electronics Technology Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 221.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shenzhen Sunshine Laser and Electronics Technology Co's liquidation value for the three months ended in Mar. 2024 was ¥-165 Mil.

Shenzhen Sunshine Laser and Electronics Technology Co Change In Receivables Historical Data

The historical data trend for Shenzhen Sunshine Laser and Electronics Technology 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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Shenzhen Sunshine Laser and Electronics Technology Co Change In Receivables Chart

Shenzhen Sunshine Laser and Electronics Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-238.54

-94.35

-50.24

-95.74

-93.88

Shenzhen Sunshine Laser and Electronics Technology 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															-	-	-	-	-

Shenzhen Sunshine Laser and Electronics Technology 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.

Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) 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.

Shenzhen Sunshine Laser and Electronics Technology 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
=	508.668	/	209.558	*	91
=	221.49

2. In Ben Graham's calculation of liquidation value, Shenzhen Sunshine Laser and Electronics Technology Co's accounts receivable are only considered to be worth 75% of book value:

Shenzhen Sunshine Laser and Electronics Technology 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)
=	242.779	-	1022.426	+	0.75 * 508.668	+	0.5 * 465.481
=	-165

Shenzhen Sunshine Laser and Electronics Technology Co Change In Receivables Related Terms

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Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Sunshine Laser and Electronics Technology Co Ltd (SZSE:300227) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 13 Langshan Road, 1st Floor, Block C, Tsinghua Unisplendour Technology Park, Nanshan District, Shenzhen, CHN, 518051

Website

http://www.sunshine-laser.com

Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.

Executives

Wang Rong	Directors, executives
Zhang Hong Yu	Directors, executives
Wang Jun	Executives
Hou Ruo Hong	Directors, executives
Fan Rong	Securities Affairs Representative
Cai Zhi Xiang	Executives
Li Lu	Secretary Dong
Zhang Yu Feng	Director
Chen Xuan	Executives

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