Modern Healthcare Technology Holdings (HKSE:00919) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Modern Healthcare Technology Holdings Change In Receivables?

Modern Healthcare Technology Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Modern Healthcare Technology Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Modern Healthcare Technology Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$31.8 Mil. It means Modern Healthcare Technology Holdings's Accounts Receivable declined by HK$31.8 Mil from Mar. 2022 to Mar. 2023 .

Modern Healthcare Technology Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$103.9 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. Modern Healthcare Technology Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 89.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Modern Healthcare Technology Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-170.0 Mil.

Modern Healthcare Technology Holdings Change In Receivables Historical Data

The historical data trend for Modern Healthcare Technology 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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Modern Healthcare Technology Holdings Change In Receivables Chart

Modern Healthcare Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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28.45

12.88

12.77

10.65

31.79

Modern Healthcare Technology 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															-	-	-	-	-

Modern Healthcare Technology 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$0.0 Mil.

Modern Healthcare Technology Holdings (HKSE:00919) 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.

Modern Healthcare Technology 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
=	103.884	/	211.343	*	91
=	89.71

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

Modern Healthcare Technology 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)
=	204.664	-	456.928	+	0.75 * 103.884	+	0.5 * 8.616
=	-170.0

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Modern Healthcare Technology Holdings (HKSE:00919) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Modern Healthcare Technology Holdings Ltd (HKSE:00919) » Definitions » Change In Receivables

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M3L:Germany

Address

9 Kai Cheung Road, Workshops Nos. 66-68, 6th Floor, Sino Industrial Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.modernhealthcaretech.com

Modern Healthcare Technology Holdings Ltd is an investment holding company. The company's operating segment includes Beauty and wellness services and Skincare and wellness products. The company generates maximum revenue from Beauty and wellness services segment. The Beauty and Wellness Services segment of the company is engaged in the provision of beauty and wellness services which provides a wide range of health and beauty services, covering skin care, slimming, massage, spa, hair care, manicure, hair removal, makeup, joint care, and privacy care. Geographically, the company derives the maximum of its revenue from Hong Kong and has a presence in Singapore; China, and Australia.

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