Tsit Wing International Holdings (HKSE:02119) Change In Receivables : HK$-7.8 Mil (TTM As of Dec. 2023)

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

What is Tsit Wing International Holdings Change In Receivables?

Tsit Wing International Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$-16.0 Mil. It means Tsit Wing International Holdings's Accounts Receivable increased by HK$16.0 Mil from Jun. 2023 to Dec. 2023 .

Tsit Wing International Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-7.8 Mil. It means Tsit Wing International Holdings's Accounts Receivable increased by HK$7.8 Mil from Dec. 2022 to Dec. 2023 .

Tsit Wing International Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$115.2 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. Tsit Wing International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 56.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tsit Wing International Holdings's liquidation value for the six months ended in Dec. 2023 was HK$261.2 Mil.

Tsit Wing International Holdings Change In Receivables Historical Data

The historical data trend for Tsit Wing International Holdings'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.

Tsit Wing International Holdings Change In Receivables Chart

Tsit Wing International Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

17.86

8.42

-13.29

9.20

-7.83

Tsit Wing International Holdings Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-19.69	21.66	-12.46	8.15	-15.99

Tsit Wing International Holdings 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$-7.8 Mil.

Tsit Wing International Holdings (HKSE:02119) 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.

Tsit Wing International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	115.169	/	369.548	*	91
=	56.88

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

Tsit Wing International Holdings'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)
=	253.752	-	144.681	+	0.75 * 115.169	+	0.5 * 131.502
=	261.2

Tsit Wing International Holdings Change In Receivables Related Terms

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

Tsit Wing International Holdings (HKSE:02119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Tsit Wing International Holdings Ltd (HKSE:02119) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

15–33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.twcoffee.com

Tsit Wing International Holdings Ltd is an investment holding company engaged in the processing and sale of coffee, tea, and complementary products, sale of frozen processed food, sale and rental of coffee and tea machines, and food and beverage store operation. It has two operating segments: Beverage Solutions and Food Products. It derives majority revenue from the Beverage segment that processes and distributes coffee, tea and related complementary products, sells food and beverages, coffee machines and other related products, operates food and beverage stores and leases coffee and tea machines. The Group offers frozen food to renowned brands under its frozen food brand Papa Chef. The company operates in Hong Kong, Mainland China, and other countries with majority revenue from Hongkong.

Executives

Hero Asia Company Limited	2101 Beneficial owner
Li Ying Wah Irene	2202 Interest of your spouse
Wong Tat Tong
Hero Valour Limited	2401 A concert party to an agreement to buy shares
Dah Chong Hong Food International Holdings Limited	2101 Beneficial owner
Citic Group Corporation	2201 Interest of corporation controlled by you
Citic Limited	2201 Interest of corporation controlled by you

Tsit Wing International Holdings (HKSE:02119) Headlines

No Headlines