China Merchants Land (HKSE:00978) Change In Receivables : HK$5,881 Mil (TTM As of Dec. 2023)

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What is China Merchants Land Change In Receivables?

China Merchants Land's change in receivables for the quarter that ended in Dec. 2023 was HK$1,366 Mil. It means China Merchants Land's Accounts Receivable declined by HK$1,366 Mil from Jun. 2023 to Dec. 2023 .

China Merchants Land's change in receivables for the fiscal year that ended in Dec. 2023 was HK$5,881 Mil. It means China Merchants Land's Accounts Receivable declined by HK$5,881 Mil from Dec. 2022 to Dec. 2023 .

China Merchants Land's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$22 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 Merchants Land's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Merchants Land's liquidation value for the six months ended in Dec. 2023 was HK$-58,440 Mil.

China Merchants Land Change In Receivables Historical Data

The historical data trend for China Merchants Land'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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China Merchants Land Change In Receivables Chart

China Merchants Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,046.14

-1,727.79

536.28

437.01

5,880.77

China Merchants Land 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															2,156.68	-482.18	896.37	4,514.72	1,366.06

China Merchants Land 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$5,881 Mil.

China Merchants Land (HKSE:00978) 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 Merchants Land's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.923	/	20767.086	*	91
=	0.19

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

China Merchants Land'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)
=	11247.68	-	106693.272	+	0.75 * 21.923	+	0.5 * 73977.624
=	-58,440

China Merchants Land Change In Receivables Related Terms

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China Merchants Land (HKSE:00978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Land Ltd (HKSE:00978) » Definitions » Change In Receivables

Traded in Other Exchanges

TNY1:Germany

Address

Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.cmland.hk

China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

Executives

China Merchants Group Co., Ltd.	2201 Interest of corporation controlled by you
China Merchants Shekou Industrial Zone Holdings Company Limited	2201 Interest of corporation controlled by you

China Merchants Land (HKSE:00978) Headlines

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