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Ajisen (China) Holdings (HKSE:00538) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Ajisen (China) Holdings Change In Receivables?

Ajisen (China) Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Ajisen (China) Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Ajisen (China) Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-26 Mil. It means Ajisen (China) Holdings's Accounts Receivable increased by HK$26 Mil from Dec. 2022 to Dec. 2023 .

Ajisen (China) Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$195 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. Ajisen (China) Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 34.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ajisen (China) Holdings's liquidation value for the six months ended in Dec. 2023 was HK$985 Mil.


Ajisen (China) Holdings Change In Receivables Historical Data

The historical data trend for Ajisen (China) 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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Ajisen (China) Holdings Change In Receivables Chart

Ajisen (China) Holdings 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 -56.54 31.41 15.06 27.20 -25.94

Ajisen (China) 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 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 - - - - -

Ajisen (China) 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 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.


Ajisen (China) Holdings  (HKSE:00538) 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.

Ajisen (China) 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
=194.531/1017.826*91
=34.88

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

Ajisen (China) 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)
=1785.776-988.322+0.75 * 194.531+0.5 * 83.397
=985

* 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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Ajisen (China) Holdings (HKSE:00538) Business Description

Traded in Other Exchanges
Address
24-26 Sze Shan Street, 6th Floor, Ajisen Group Tower, Block B, Yau Tong, Kowloon, Hong Kong, HKG
Ajisen (China) Holdings Ltd is a Fast casual restaurant chain operator selling Japanese ramen and Japanese-style dishes in Hong Kong and the PRC. The company has three operating segments; The operation of Restaurants segment includes the operation of restaurants in Mainland China and Hong Kong, the Manufacture and sales of noodles and related products segment includes the manufacture and sales of noodles and related products in Mainland China and Hong Kong, and Investment holding segment includes investments in property interests, investments in financial instruments and interests in associates and a joint venture. It derives a majority of its revenue from China.
Executives
Invesco Hong Kong Limited 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Poon Wai 2101 Beneficial owner

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