China Energy Development Holdings (HKSE:00228) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is China Energy Development Holdings Change In Receivables?

China Energy Development Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means China Energy Development Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Energy Development Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-49.9 Mil. It means China Energy Development Holdings's Accounts Receivable increased by HK$49.9 Mil from Dec. 2022 to Dec. 2023 .

China Energy Development Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$49.7 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. China Energy Development Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Energy Development Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-524.9 Mil.

China Energy Development Holdings Change In Receivables Historical Data

The historical data trend for China Energy Development Holdings'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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China Energy Development Holdings Change In Receivables Chart

China Energy Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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291.39

74.99

77.50

1.01

-49.93

China Energy Development Holdings 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															-	-	-	-	-

China Energy Development Holdings 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.

China Energy Development Holdings (HKSE:00228) 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.

China Energy Development Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	49.65	/	163.753	*	91
=	55.33

2. In Ben Graham's calculation of liquidation value, China Energy Development Holdings's accounts receivable are only considered to be worth 75% of book value:

China Energy Development Holdings'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)
=	72.454	-	634.564	+	0.75 * 49.65	+	0.5 * 0
=	-524.9

China Energy Development Holdings Change In Receivables Related Terms

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China Energy Development Holdings (HKSE:00228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Energy Development Holdings Ltd (HKSE:00228) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 88 Yeung Uk Road, Office J, 29th Floor, Plaza 88, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.cnenergy.com.hk

China Energy Development Holdings Ltd is engaged in oil and gas exploration; distribution of natural gas; sales of food and beverages and money lending business in Hong Kong. Its segments include revenue-generating segments: The Exploration, Production, and Distribution of Natural Gas segment engaged in the exploration, development, production, and sales of natural gas and the usage of pipelines for the distribution of natural gas; The Sales of Food and Beverages Business segment is engaged in the sales of food and beverages; and The Money Lending Business segment is engaged in the provision of loans to third parties.

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