Solomon Systech (International) (HKSE:02878) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Solomon Systech (International) Change In Receivables?

Solomon Systech (International)'s change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Solomon Systech (International)'s Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Solomon Systech (International)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$131 Mil. It means Solomon Systech (International)'s Accounts Receivable declined by HK$131 Mil from Dec. 2022 to Dec. 2023 .

Solomon Systech (International)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$248 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. Solomon Systech (International)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 85.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solomon Systech (International)'s liquidation value for the six months ended in Dec. 2023 was HK$704 Mil.

Solomon Systech (International) Change In Receivables Historical Data

The historical data trend for Solomon Systech (International)'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.

Solomon Systech (International) Change In Receivables Chart

Solomon Systech (International) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

46.66

31.50

-223.29

-10.67

131.07

Solomon Systech (International) 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															-	-	-	-	-

Solomon Systech (International) 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.

Solomon Systech (International) (HKSE:02878) 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.

Solomon Systech (International)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	248.484	/	529.637	*	91
=	85.62

2. In Ben Graham's calculation of liquidation value, Solomon Systech (International)'s accounts receivable are only considered to be worth 75% of book value:

Solomon Systech (International)'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)
=	647.128	-	238.16	+	0.75 * 248.484	+	0.5 * 218.05
=	704

Solomon Systech (International) Change In Receivables Related Terms

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

Solomon Systech (International) (HKSE:02878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solomon Systech (International) Ltd (HKSE:02878) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RZF:Germany

Address

No. 3 Science Park East Avenue, 6th Floor, Unit 607–613, Wireless Centre, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.solomon-systech.com

Solomon Systech (International) Ltd, along with its subsidiaries is a semiconductor company specializing in the design, development, and sales of integrated circuit products and system solutions for various applications like smartphones, smart televisions, and other smart devices including consumer electronics products, wearables, portable devices, and industrial appliances. Geographically, the company's business is spread across Taiwan, China, Europe, Japan, Korea, South East Asia, the United States of America, and other regions. Hong Kong generates maximum revenue for the company.

Executives

Huada Semiconductor Co., Ltd	2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Dian Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Yeh Tsuei Chi	2101 Beneficial owner

Solomon Systech (International) (HKSE:02878) Headlines

No Headlines