GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China International Development Corp Ltd (HKSE:00264) » Definitions » Change In Receivables

China International Development (HKSE:00264) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is China International Development Change In Receivables?

China International Development's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means China International Development's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China International Development's change in receivables for the fiscal year that ended in Dec. 2023 was HK$2.43 Mil. It means China International Development's Accounts Receivable declined by HK$2.43 Mil from Dec. 2022 to Dec. 2023 .

China International Development's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$5.53 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 International Development's Days Sales Outstanding for the six months ended in Dec. 2023 was 75.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China International Development's liquidation value for the six months ended in Dec. 2023 was HK$-65.92 Mil.


China International Development Change In Receivables Historical Data

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

China International Development Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.54 1.63 2.72 -0.89 2.43

China International Development Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 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 International Development 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$0.00 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 International Development  (HKSE:00264) 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 International Development's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.528/13.384*91
=75.38

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

China International Development'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)
=0.997-73.358+0.75 * 5.528+0.5 * 4.594
=-65.92

* 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 International Development Change In Receivables Related Terms

Thank you for viewing the detailed overview of China International Development's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


China International Development (HKSE:00264) Business Description

Traded in Other Exchanges
N/A
Address
39 Queen’s Road Central, Level 26, Hong Kong, HKG
China International Development Corp Ltd is engaged in the business of leather products. The company is involved in the manufacturing and distribution of leather products and retail of fashion apparel, footwear, and leather accessories, and industrial hemp planting and production of hemp fabric products. It operates in two segments namely, Leather Manufacturing segment and Leather Retail segment. The Leather Manufacturing segment involves the manufacturing and distribution of leather products. The Leather Retail segment engages in the retail of fashion apparel, footwear, and leather accessories. The company has its operations in Hong Kong, Europe, the PRC, the United States of America and other countries.
Executives
Waterfront Holding Group Co., Ltd. 2101 Beneficial owner
Zhao Jingfei 2201 Interest of corporation controlled by you

China International Development (HKSE:00264) Headlines

No Headlines