AB Builders Group (HKSE:01615) Change In Receivables : HK$8.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is AB Builders Group Change In Receivables?

AB Builders Group's change in receivables for the quarter that ended in Dec. 2023 was HK$14.1 Mil. It means AB Builders Group's Accounts Receivable declined by HK$14.1 Mil from Jun. 2023 to Dec. 2023 .

AB Builders Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$8.5 Mil. It means AB Builders Group's Accounts Receivable declined by HK$8.5 Mil from Dec. 2022 to Dec. 2023 .

AB Builders Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$12.1 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. AB Builders Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AB Builders Group's liquidation value for the six months ended in Dec. 2023 was HK$-24.1 Mil.

AB Builders Group Change In Receivables Historical Data

The historical data trend for AB Builders Group'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.

* Premium members only.

AB Builders Group Change In Receivables Chart

AB Builders Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-26.09

-12.15

16.01

69.92

8.52

AB Builders Group 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												15.86	53.34	16.59	-5.54	14.06

AB Builders Group 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$8.5 Mil.

AB Builders Group (HKSE:01615) 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.

AB Builders Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.122	/	61.253	*	91
=	36.12

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

AB Builders Group'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)
=	88.187	-	121.626	+	0.75 * 12.122	+	0.5 * 0.46
=	-24.1

AB Builders Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of AB Builders Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

AB Builders Group (HKSE:01615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC

Website

http://www.abbuildersgroup.com

AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.

Executives

Lao Chio Seng	2201 Interest of corporation controlled by you
Wong Hio Mei	2202 Interest of your spouse
Laos International Holdings Limited	2101 Beneficial owner
Ip Kin Wa	2101 Beneficial owner
Whm Holdings Limited	2101 Beneficial owner

AB Builders Group (HKSE:01615) Headlines

No Headlines