Li Ning Co (HKSE:02331) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Li Ning Co Change In Receivables?

Li Ning Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Li Ning Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Li Ning Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-241 Mil. It means Li Ning Co's Accounts Receivable increased by HK$241 Mil from Dec. 2022 to Dec. 2023 .

Li Ning Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,319 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. Li Ning Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 16.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Li Ning Co's liquidation value for the six months ended in Dec. 2023 was HK$1,408 Mil.

Li Ning Co Change In Receivables Historical Data

The historical data trend for Li Ning 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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Li Ning Co Change In Receivables Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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137.62

6.49

-485.72

-224.49

-241.25

Li Ning Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Li Ning 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 Mil.

Li Ning Co (HKSE:02331) 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.

Li Ning 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
=	1318.585	/	14853.019	*	91
=	16.20

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

Li Ning 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)
=	9775.725	-	10720.304	+	0.75 * 1318.585	+	0.5 * 2727.016
=	1,408

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Li Ning Co (HKSE:02331) Business Description

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Traded in Other Exchanges

LNNGY:USA LNNGF:USA LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

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