MedSci Healthcare Holdings (HKSE:02415) Change In Receivables : HK$-37.6 Mil (TTM As of Dec. 2023)

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What is MedSci Healthcare Holdings Change In Receivables?

MedSci Healthcare Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$-38.4 Mil. It means MedSci Healthcare Holdings's Accounts Receivable increased by HK$38.4 Mil from Jun. 2023 to Dec. 2023 .

MedSci Healthcare Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-37.6 Mil. It means MedSci Healthcare Holdings's Accounts Receivable increased by HK$37.6 Mil from Dec. 2022 to Dec. 2023 .

MedSci Healthcare Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$38.0 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. MedSci Healthcare Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MedSci Healthcare Holdings's liquidation value for the six months ended in Dec. 2023 was HK$1,078.2 Mil.

MedSci Healthcare Holdings Change In Receivables Historical Data

The historical data trend for MedSci Healthcare 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.

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MedSci Healthcare Holdings Change In Receivables Chart

MedSci Healthcare Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-14.53

-58.08

-27.42

-37.57

MedSci Healthcare Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-14.09	-13.99	0.86	-38.43

MedSci Healthcare 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$-37.6 Mil.

MedSci Healthcare Holdings (HKSE:02415) 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.

MedSci Healthcare 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
=	38.025	/	216.343	*	91
=	32.08

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

MedSci Healthcare 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)
=	1241.314	-	191.654	+	0.75 * 38.025	+	0.5 * 0
=	1,078.2

MedSci Healthcare Holdings Change In Receivables Related Terms

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MedSci Healthcare Holdings (HKSE:02415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedSci Healthcare Holdings Ltd (HKSE:02415) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

No. 258, Xinzhuan Road, 18th Floor, Building 34, Songjiang District, Shanghai, CHN

Website

https://ir.medsci.cn

MedSci Healthcare Holdings Ltd is an investment holding company. It operates online professional physician platforms in China. The principal activities of the Company are the provision of physician platform solutions, precision omni-channel marketing solutions, and real-world study solutions in the People's Republic of China.

Executives

Li Xinmei	2202 Interest of your spouse
Zhang Fabao	2201 Interest of corporation controlled by you
Dtx Health Limited	2101 Beneficial owner
Yu Jia	2201 Interest of corporation controlled by you
Dragon Step Ventures Limited	2101 Beneficial owner
Shanghai Qichang Investment Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Suzhou Qicheng Investment Management Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Suzhou Qiming Ronghe Venture Capital Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Image Frame Investment (hk) Limited
Tencent Holdings Limited
Microhealth Limited	2101 Beneficial owner
Hu Xubo	2201 Interest of corporation controlled by you
Meiyue Limited	2101 Beneficial owner

MedSci Healthcare Holdings (HKSE:02415) Headlines

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