MECOM Power and Construction (HKSE:01183) Change In Receivables : HK$13 Mil (TTM As of Dec. 2023)

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What is MECOM Power and Construction Change In Receivables?

MECOM Power and Construction's change in receivables for the quarter that ended in Dec. 2023 was HK$75 Mil. It means MECOM Power and Construction's Accounts Receivable declined by HK$75 Mil from Jun. 2023 to Dec. 2023 .

MECOM Power and Construction's change in receivables for the fiscal year that ended in Dec. 2023 was HK$13 Mil. It means MECOM Power and Construction's Accounts Receivable declined by HK$13 Mil from Dec. 2022 to Dec. 2023 .

MECOM Power and Construction's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$500 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. MECOM Power and Construction's Days Sales Outstanding for the six months ended in Dec. 2023 was 134.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MECOM Power and Construction's liquidation value for the six months ended in Dec. 2023 was HK$-139 Mil.

MECOM Power and Construction Change In Receivables Historical Data

The historical data trend for MECOM Power and Construction'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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MECOM Power and Construction Change In Receivables Chart

MECOM Power and Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-66.20

-17.41

-42.22

-367.77

13.00

MECOM Power and Construction Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial												29.92	-250.08	-117.69	-62.39	75.40

MECOM Power and Construction 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$13 Mil.

MECOM Power and Construction (HKSE:01183) 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.

MECOM Power and Construction's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	500.206	/	677.442	*	91
=	134.75

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

MECOM Power and Construction'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)
=	56.078	-	591.894	+	0.75 * 500.206	+	0.5 * 43.22
=	-139

MECOM Power and Construction Change In Receivables Related Terms

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MECOM Power and Construction (HKSE:01183) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » MECOM Power and Construction Ltd (HKSE:01183) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 258 Alameda Dr. Carlos D'Assumpcao, Units Q, R and S, 6th Floor, Kin Fu Kuok, Praca Kin Heng Long-Heng Hoi Kuok, Macau, MAC

Website

http://www.mecommacau.com

MECOM Power and Construction Ltd is an integrated construction engineering contractor and power substations constructor in Macau. The company's segment includes Construction business engages in the provision of construction services, including construction and fitting out works, high voltage power substation construction and its system installation works, E&M engineering services works, and provision of facilities management services; and EV charging business engages in the sale of EV charging systems and subscription fee income. It generates maximum revenue from Construction and fitting out works segment. Geographically, it derives revenue from Macau.

Executives

Lei Kuok Hong	2201 Interest of corporation controlled by you
Chan Sao Ieng	2202 Interest of your spouse
Kuan Chio Man
Macau New Base Investment Company Limited	2101 Beneficial owner
Chan Ka Lai
Kuok Lam Sek
Lam Ka Man
Lam Kuok Wa
Lao Ka Wa
Mecom Holding Limited
Sou Kun Tou
Tam Cho Veng
Wong Fong Peng

MECOM Power and Construction (HKSE:01183) Headlines

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