MediNet Group (HKSE:08161) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is MediNet Group Change In Receivables?

MediNet Group's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means MediNet Group's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

MediNet Group's change in receivables for the fiscal year that ended in Mar. 2023 was HK$0.3 Mil. It means MediNet Group's Accounts Receivable declined by HK$0.3 Mil from Mar. 2022 to Mar. 2023 .

MediNet Group's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$7.1 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. MediNet Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 22.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MediNet Group's liquidation value for the three months ended in Sep. 2023 was HK$-14.3 Mil.

MediNet Group Change In Receivables Historical Data

The historical data trend for MediNet Group'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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MediNet Group Change In Receivables Chart

MediNet Group Annual Data

Trend

Mar14

Mar15

Mar16

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Mar20

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Mar22

Mar23

Change In Receivables

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0.97

6.71

3.33

-1.53

0.32

MediNet Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

MediNet Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

MediNet Group (HKSE:08161) 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.

MediNet Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.054	/	28.956	*	91
=	22.23

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

MediNet Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.946	-	39.791	+	0.75 * 7.054	+	0.5 * 0.527
=	-14.3

MediNet Group Change In Receivables Related Terms

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MediNet Group (HKSE:08161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediNet Group Ltd (HKSE:08161) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

18 Whitfield Road, Causeway Bay, Unit 3601, 36th Floor, Citicorp Centre, Hong Kong, HKG

Website

http://www.medinetgroup.com

MediNet Group Ltd is a provider of corporate healthcare solutions in Hong Kong. The company's operating segment includes Dental business and Medical business. The Dental segment offer dental solutions and dental services by dental clinics owned and operated by the group. Its Medical segment provide outpatient general services and men's health treatments services. It offers services to both plan members and self-paid patient. The company generates revenue by providing Dental business.

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