NetDragon Websoft (HKSE:00777) Change In Receivables : HK$-93 Mil (TTM As of Dec. 2023)

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What is NetDragon Websoft Change In Receivables?

NetDragon Websoft's change in receivables for the quarter that ended in Dec. 2023 was HK$50 Mil. It means NetDragon Websoft's Accounts Receivable declined by HK$50 Mil from Jun. 2023 to Dec. 2023 .

NetDragon Websoft's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-93 Mil. It means NetDragon Websoft's Accounts Receivable increased by HK$93 Mil from Dec. 2022 to Dec. 2023 .

NetDragon Websoft's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$768 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. NetDragon Websoft's Days Sales Outstanding for the six months ended in Dec. 2023 was 37.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NetDragon Websoft's liquidation value for the six months ended in Dec. 2023 was HK$-914 Mil.

NetDragon Websoft Change In Receivables Historical Data

The historical data trend for NetDragon Websoft'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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NetDragon Websoft Change In Receivables Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-343.55

170.42

-451.83

96.04

-92.97

NetDragon Websoft 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															-274.84	-127.77	217.76	-143.29	50.31

NetDragon Websoft 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$-93 Mil.

NetDragon Websoft (HKSE:00777) 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.

NetDragon Websoft's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	767.833	/	3740.724	*	91
=	37.46

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

NetDragon Websoft'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)
=	2852.575	-	4602.622	+	0.75 * 767.833	+	0.5 * 519.545
=	-914

NetDragon Websoft Change In Receivables Related Terms

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NetDragon Websoft (HKSE:00777) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (HKSE:00777) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.

Executives

Zhou Quan	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Associates Ltd.	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you
Liu Luyuan	2401 A concert party to an agreement to buy shares
Liu Dejian	2401 A concert party to an agreement to buy shares
Zheng Hui	2401 A concert party to an agreement to buy shares
Djm Holding Ltd.	2101 Beneficial owner
Idg-accel China Growth Fund L.p.	2101 Beneficial owner
Idg-accel China Growth Fund Associates L.p.	2201 Interest of corporation controlled by you

NetDragon Websoft (HKSE:00777) Headlines

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