China Kepei Education Group (HKSE:01890) Change In Receivables : HK$6 Mil (TTM As of Feb. 2024)

View and export this data going back to 2019. Start your Free Trial

What is China Kepei Education Group Change In Receivables?

China Kepei Education Group's change in receivables for the quarter that ended in Feb. 2024 was HK$3 Mil. It means China Kepei Education Group's Accounts Receivable declined by HK$3 Mil from Aug. 2023 to Feb. 2024 .

China Kepei Education Group's change in receivables for the fiscal year that ended in Aug. 2023 was HK$-21 Mil. It means China Kepei Education Group's Accounts Receivable increased by HK$21 Mil from Aug. 2022 to Aug. 2023 .

China Kepei Education Group's Accounts Receivable for the quarter that ended in Feb. 2024 was HK$48 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 Kepei Education Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 9.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Kepei Education Group's liquidation value for the six months ended in Feb. 2024 was HK$-1,566 Mil.

China Kepei Education Group Change In Receivables Historical Data

The historical data trend for China Kepei Education 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.

China Kepei Education Group Change In Receivables Chart

China Kepei Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Change In Receivables

Get a 7-Day Free Trial

-6.60

-13.07

-8.29

-9.85

-20.63

China Kepei Education Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial										-16.35	5.50	-25.97	3.80	2.54

China Kepei Education 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$6 Mil.

China Kepei Education Group (HKSE:01890) 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 Kepei Education Group's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48.376	/	948.13	*	91
=	9.31

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

China Kepei Education Group's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	955.567	-	2557.937	+	0.75 * 48.376	+	0.5 * 0
=	-1,566

China Kepei Education Group Change In Receivables Related Terms

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

China Kepei Education Group (HKSE:01890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Kepei Education Group Ltd (HKSE:01890) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

9CK:Germany

Address

Qifu Road, Gaoyao District, Guangdong Province, Zhaoqing, CHN

Website

http://www.chinakepeiedu.com

China Kepei Education Group Ltd is a provider of private vocational education services in China focusing on profession-oriented and vocational education. It earns revenues from tuition fees, higher education program, Secondary vocational education, Boarding fees and other educational services. The company-operated schools include Guangdong Polytechnic College, an undergraduate-level higher education institution; and Zhaoqing Science and Technology Secondary Vocational School both located in Zhaoqing, Guangdong Province. The Company operates and Generates revenue from China.

Executives

Ye Nianqiao	2307 Founder of a discretionary trust who can infl
Ye Xun	2101 Beneficial owner
Cantrust (far East) Limited	2301 Trustee
Qiaoge Company Limited	2101 Beneficial owner
Ye Liya Limited	2201 Interest of corporation controlled by you
Shu Liping	2202 Interest of your spouse
Huanleye Limited	2201 Interest of corporation controlled by you
Weixin Company Limited	2101 Beneficial owner
Ye Nianjiu	2307 Founder of a discretionary trust who can infl
Ye Kasi Limited	2201 Interest of corporation controlled by you
Chenye Company Limited	2101 Beneficial owner
Shuye Company Limited	2101 Beneficial owner
Shu Feiya Limited	2201 Interest of corporation controlled by you
Areo Holdings Limited	2201 Interest of corporation controlled by you
Skyline Miracle Limited	2101 Beneficial owner

China Kepei Education Group (HKSE:01890) Headlines

No Headlines