Hong Kong Ferry (Holdings) Co (HKSE:00050) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Hong Kong Ferry (Holdings) Co Change In Receivables?

Hong Kong Ferry (Holdings) Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Hong Kong Ferry (Holdings) Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Hong Kong Ferry (Holdings) Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$85.6 Mil. It means Hong Kong Ferry (Holdings) Co's Accounts Receivable declined by HK$85.6 Mil from Dec. 2022 to Dec. 2023 .

Hong Kong Ferry (Holdings) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$57.7 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. Hong Kong Ferry (Holdings) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hong Kong Ferry (Holdings) Co's liquidation value for the six months ended in Dec. 2023 was HK$2,445.1 Mil.

Hong Kong Ferry (Holdings) Co Change In Receivables Historical Data

The historical data trend for Hong Kong Ferry (Holdings) 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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Hong Kong Ferry (Holdings) Co Change In Receivables Chart

Hong Kong Ferry (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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46.51

40.34

40.67

-11.99

85.57

Hong Kong Ferry (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Hong Kong Ferry (Holdings) 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Hong Kong Ferry (Holdings) Co (HKSE:00050) 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.

Hong Kong Ferry (Holdings) Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	57.669	/	203.336	*	91
=	51.76

2. In Ben Graham's calculation of liquidation value, Hong Kong Ferry (Holdings) Co's accounts receivable are only considered to be worth 75% of book value:

Hong Kong Ferry (Holdings) Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1825.434	-	324.631	+	0.75 * 57.669	+	0.5 * 1802.14
=	2,445.1

Hong Kong Ferry (Holdings) Co Change In Receivables Related Terms

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Hong Kong Ferry (Holdings) Co (HKSE:00050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Kong Ferry (Holdings) Co Ltd (HKSE:00050) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

98 Tam Kon Shan Road, TYTL 102, Ngau Kok Wan, North Tsing Yi, New Territories, Hong Kong, HKG, TYTL 102

Website

https://www.hkf.com

Hong Kong Ferry (Holdings) Co Ltd is an investment holding company. It operates through four segments comprising Property development including the development and sale of properties; Property investment including rental income from the leasing of properties; Ferry, shipyard and related operations including income from the operation of dangerous goods vehicular ferry service and ship repairs and maintenance services and sales of goods on cruise vessels; and Securities investment segment which includes dividend, interest and other income from debt and equity securities investments. It derives a majority of the revenue from the Property investment segment. All of the group's revenue and profit from operations were derived from activities in Hong Kong.

Executives

Lee Shau Kee

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