Sungrow Power Supply Co (SZSE:300274) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)

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What is Sungrow Power Supply Co Change In Receivables?

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

Sungrow Power Supply Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-13,844 Mil. It means Sungrow Power Supply Co's Accounts Receivable increased by ¥13,844 Mil from Dec. 2022 to Dec. 2023 .

Sungrow Power Supply Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥20,053 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. Sungrow Power Supply Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 145.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sungrow Power Supply Co's liquidation value for the three months ended in Mar. 2024 was ¥-6,089 Mil.

Sungrow Power Supply Co Change In Receivables Historical Data

The historical data trend for Sungrow Power Supply 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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Sungrow Power Supply Co Change In Receivables Chart

Sungrow Power Supply Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,369.66

-1,127.86

-3,003.39

-7,563.24

-13,843.74

Sungrow Power Supply 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															-	-	-	-	-

Sungrow Power Supply 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.

Sungrow Power Supply Co (SZSE:300274) 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.

Sungrow Power Supply 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
=	20053.41	/	12613.586	*	91
=	145.07

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

Sungrow Power Supply 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)
=	20581.838	-	53264.565	+	0.75 * 20053.41	+	0.5 * 23106.831
=	-6,089

Sungrow Power Supply Co Change In Receivables Related Terms

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Sungrow Power Supply Co (SZSE:300274) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.sungrowpower.com

China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

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