Greentown Service Group Co (HKSE:02869) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Greentown Service Group Co Change In Receivables?

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

Greentown Service Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-844 Mil. It means Greentown Service Group Co's Accounts Receivable increased by HK$844 Mil from Dec. 2022 to Dec. 2023 .

Greentown Service Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$5,518 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. Greentown Service Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 100.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greentown Service Group Co's liquidation value for the six months ended in Dec. 2023 was HK$487 Mil.

Greentown Service Group Co Change In Receivables Historical Data

The historical data trend for Greentown Service Group 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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Greentown Service Group Co Change In Receivables Chart

Greentown Service Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-635.02

-253.00

-1,370.03

-1,456.61

-844.17

Greentown Service Group Co Semi-Annual Data
	Dec13	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															-	-	-	-	-

Greentown Service Group 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.

Greentown Service Group Co (HKSE:02869) 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.

Greentown Service Group 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
=	5517.932	/	10058.65	*	91
=	100.12

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

Greentown Service Group 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)
=	6760.659	-	10780.793	+	0.75 * 5517.932	+	0.5 * 736.976
=	487

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Greentown Service Group Co (HKSE:02869) Business Description

Industry

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Traded in Other Exchanges

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Address

No.767 West Wenyi Road, Block B, Xixi International Business Center, Zhejiang Province, Hangzhou, CHN

Website

https://www.lvchengfuwu.com

Greentown Service Group, or GSG, is the sister company of property developer Greentown China. GSG is one of the first China property management firms listed in Hong Kong since July 2016. Headquartered in Hangzhou, GSG is a leading service provider in the Yangtze River Delta focusing on high-end residential properties, with core property management contributing to more than 60% of GSG's revenue. Other key earnings contributors include community value added services and project consultancy services to developers. The founding shareholders, who also control Greentown China, collectively own over a 40% stake in GSG in 2022. China property developer Longfor Group holds around 9% equity interest in GSG.

Executives

Lily International Investment Company Limited
Orchid Garden Investment Company Limited
Osmanthus Garden Investment Company Limited
Shenalan International Investment Company Limited
Ju Jianhua
Li Hairong
Lilac International Investment Company Limited
Song Weiping
Xia Yibo
Shou Bainian
Yiheng Capital, Llc
Longfor Group Holdings Ltd

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