Asia Grocery Distribution (HKSE:08413) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Asia Grocery Distribution Change In Receivables?

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

Asia Grocery Distribution's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-6.3 Mil. It means Asia Grocery Distribution's Accounts Receivable increased by HK$6.3 Mil from Mar. 2022 to Mar. 2023 .

Asia Grocery Distribution's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$42.9 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. Asia Grocery Distribution's Days Sales Outstanding for the three months ended in Sep. 2023 was 54.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Grocery Distribution's liquidation value for the three months ended in Sep. 2023 was HK$47.5 Mil.

Asia Grocery Distribution Change In Receivables Historical Data

The historical data trend for Asia Grocery Distribution'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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Asia Grocery Distribution Change In Receivables Chart

Asia Grocery Distribution Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-14.05

15.35

-18.70

-2.92

-6.33

Asia Grocery Distribution 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															-	-	-	-	-

Asia Grocery Distribution 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.

Asia Grocery Distribution (HKSE:08413) 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.

Asia Grocery Distribution's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	42.918	/	72.089	*	91
=	54.33

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

Asia Grocery Distribution'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)
=	36.578	-	35.479	+	0.75 * 42.918	+	0.5 * 28.405
=	47.5

Asia Grocery Distribution Change In Receivables Related Terms

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Asia Grocery Distribution (HKSE:08413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Asia Grocery Distribution Ltd (HKSE:08413) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Sze Shan Street, The Whole of Upper Ground Floor, Mai Tong Industrial Building, Kowloon, Hong Kong, HKG

Website

https://www.agdl.com.hk

Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, and private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products include food wrap and food related products such as cling film, baking sheet, foil, cleaning products such as detergent, bleach, liquid soap and others such as tissue paper, toothpick and towel, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Korea, Thailand, Malaysia, the United Kingdom, the United States, Spain, France, Turkey, and Italy.

Executives

Chu Man	2202 Interest of your spouse
Sky Alpha Investments Limited	2101 Beneficial owner
Fan Wing	2202 Interest of your spouse
Wong Siu Man	2201 Interest of corporation controlled by you
Wong Siu Wa	2201 Interest of corporation controlled by you

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