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Kwoon Chung Bus Holdings (HKSE:00306) Change In Receivables : HK$0 Mil (TTM As of Sep. 2023)


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What is Kwoon Chung Bus Holdings Change In Receivables?

Kwoon Chung Bus Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0 Mil. It means Kwoon Chung Bus Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Kwoon Chung Bus Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-18 Mil. It means Kwoon Chung Bus Holdings's Accounts Receivable increased by HK$18 Mil from Mar. 2022 to Mar. 2023 .

Kwoon Chung Bus Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$201 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. Kwoon Chung Bus Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 41.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kwoon Chung Bus Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-2,074 Mil.


Kwoon Chung Bus Holdings Change In Receivables Historical Data

The historical data trend for Kwoon Chung Bus 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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Kwoon Chung Bus Holdings Change In Receivables Chart

Kwoon Chung Bus Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.35 76.61 52.24 -6.54 -17.98

Kwoon Chung Bus Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Kwoon Chung Bus 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$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.


Kwoon Chung Bus Holdings  (HKSE:00306) 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.

Kwoon Chung Bus Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=201.447/893.308*91
=41.15

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

Kwoon Chung Bus Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=404.829-2648.252+0.75 * 201.447+0.5 * 36.066
=-2,074

* 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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Kwoon Chung Bus Holdings (HKSE:00306) Business Description

Traded in Other Exchanges
N/A
Address
8 Chong Fu Road, 3rd Floor, Chai Wan, Hong Kong, HKG
Kwoon Chung Bus Holdings Ltd is engaged in transportation businesses. The company's operating segment includes a Non-franchised Bus; Limousine; Franchised Bus and PLB; Mainland China Business and Others. It generates maximum revenue from the Non-franchised bus segment. The Non-franchised bus segment includes the provision of non-franchised bus hire services in Hong Kong, cross-boundary passenger transportation services (other than limousine hire services) between Hong Kong and Mainland China, and other related services.
Executives
Cathay International Corporation 2101 Beneficial owner
Basic Faith Company Limited 2101 Beneficial owner
Infinity Faith International Company Limited 2201 Interest of corporation controlled by you
Ng Lai Yee, Christina 2202 Interest of your spouse
Wong Leung Pak Matthew 2201 Interest of corporation controlled by you

Kwoon Chung Bus Holdings (HKSE:00306) Headlines

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