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China Vered Financial Holding (HKSE:00245) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is China Vered Financial Holding Change In Receivables?

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

China Vered Financial Holding's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-102.3 Mil. It means China Vered Financial Holding's Accounts Receivable increased by HK$102.3 Mil from Dec. 2022 to Dec. 2023 .

China Vered Financial Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0.0 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 Vered Financial Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Vered Financial Holding's liquidation value for the six months ended in Dec. 2023 was HK$360.1 Mil.


China Vered Financial Holding Change In Receivables Historical Data

The historical data trend for China Vered Financial Holding'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.

* Premium members only.

China Vered Financial Holding Change In Receivables Chart

China Vered Financial Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 299.46 31.82 -110.31 142.06 -102.28

China Vered Financial Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

China Vered Financial Holding 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.

* 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.


China Vered Financial Holding  (HKSE:00245) 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 Vered Financial Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/101.097*91
=0.00

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

China Vered Financial Holding'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)
=689.636-329.539+0.75 * 0+0.5 * 0
=360.1

* 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.


China Vered Financial Holding Change In Receivables Related Terms

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China Vered Financial Holding (HKSE:00245) Business Description

Traded in Other Exchanges
Address
8 Sunning Road, 22nd Floor, China Taiping Tower, Causeway Bay, Hong Kong, HKG
China Vered Financial Holding Corp Ltd provides securities brokerage, investment holding, investment banking, and asset management services. The majority is from the Investment holding segment. Geographically, it operates in Hong Kong, The PRC, Japan, and Canada, out of which the majority is from Hong Kong. The group's revenue is mainly derived from Interest income which includes interest income from bond investment, note investment, loan lending, bank deposits, and margin financing.
Executives
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Qiang Wei Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dahengqin (hong Kong) Investment Corporation Limited 2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si 2101 Beneficial owner
Liu Xueyi 2201 Interest of corporation controlled by you
Prosper Ascend Limited 2101 Beneficial owner
Hong Kong Baohui Toda Limited 2101 Beneficial owner
Zhao Xinlong 2201 Interest of corporation controlled by you
Vered Holdings (hong Kong) Limited
Vered Holdings Group Ltd
Vered Investment Co., Ltd
Qiang Wei Kong Gu Shen Zhen You Xian Gong Si

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