Megain Holding (Cayman) Co (HKSE:06939) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Megain Holding (Cayman) Co Change In Receivables?

Megain Holding (Cayman) Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Megain Holding (Cayman) Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Megain Holding (Cayman) Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$17.9 Mil. It means Megain Holding (Cayman) Co's Accounts Receivable declined by HK$17.9 Mil from Dec. 2022 to Dec. 2023 .

Megain Holding (Cayman) Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$63.9 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. Megain Holding (Cayman) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 124.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Megain Holding (Cayman) Co's liquidation value for the six months ended in Dec. 2023 was HK$314.9 Mil.

Megain Holding (Cayman) Co Change In Receivables Historical Data

The historical data trend for Megain Holding (Cayman) 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.

* Premium members only.

Megain Holding (Cayman) Co Change In Receivables Chart

Megain Holding (Cayman) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

1.36

53.69

-42.85

-2.82

17.90

Megain Holding (Cayman) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-	-	-	-	-

Megain Holding (Cayman) 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$0.0 Mil.

Megain Holding (Cayman) Co (HKSE:06939) 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.

Megain Holding (Cayman) 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
=	63.913	/	93.339	*	91
=	124.97

2. In Ben Graham's calculation of liquidation value, Megain Holding (Cayman) Co's accounts receivable are only considered to be worth 75% of book value:

Megain Holding (Cayman) 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)
=	266.692	-	21.865	+	0.75 * 63.913	+	0.5 * 44.248
=	314.9

Megain Holding (Cayman) Co Change In Receivables Related Terms

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

Megain Holding (Cayman) Co (HKSE:06939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megain Holding (Cayman) Co Ltd (HKSE:06939) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000

Website

https://www.megaincayman.com

Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.

Executives

Cheng Hsien-wei	2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd.	2101 Beneficial owner
Arista Global Ltd.	2103 Interests held jointly with another person
Lee Kuo-chang	2103 Interests held jointly with another person
Good Loyal Corporation	2101 Beneficial owner
Yu Yiding	2201 Interest of corporation controlled by you
Lam Tsz Leung	2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

No Headlines