Huaxi Holdings Co (HKSE:01689) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Huaxi Holdings Co Change In Receivables?

Huaxi Holdings Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Huaxi Holdings Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Huaxi Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$29.8 Mil. It means Huaxi Holdings Co's Accounts Receivable declined by HK$29.8 Mil from Dec. 2022 to Dec. 2023 .

Huaxi Holdings Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$174.9 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. Huaxi Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 377.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huaxi Holdings Co's liquidation value for the six months ended in Dec. 2023 was HK$25.4 Mil.

Huaxi Holdings Co Change In Receivables Historical Data

The historical data trend for Huaxi Holdings Co'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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Huaxi Holdings Co Change In Receivables Chart

Huaxi Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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53.94

-132.08

-128.63

108.66

29.79

Huaxi Holdings Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Huaxi Holdings Co 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$0.0 Mil.

Huaxi Holdings Co (HKSE:01689) 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.

Huaxi Holdings Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	174.927	/	84.652	*	91
=	377.12

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

Huaxi Holdings Co'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)
=	53.213	-	173.297	+	0.75 * 174.927	+	0.5 * 28.543
=	25.4

Huaxi Holdings Co Change In Receivables Related Terms

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Huaxi Holdings Co (HKSE:01689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huaxi Holdings Co Ltd (HKSE:01689) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN

Website

https://www.huaxihds.com.hk

Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

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