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1957. (Hospitality) (HKSE:08495) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is 1957. (Hospitality) Change In Receivables?

1957. (Hospitality)'s change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means 1957. (Hospitality)'s Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

1957. (Hospitality)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$29.4 Mil. It means 1957. (Hospitality)'s Accounts Receivable declined by HK$29.4 Mil from Dec. 2022 to Dec. 2023 .

1957. (Hospitality)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$8.9 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. 1957. (Hospitality)'s Days Sales Outstanding for the three months ended in Dec. 2023 was 6.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 1957. (Hospitality)'s liquidation value for the three months ended in Dec. 2023 was HK$-188.9 Mil.


1957. (Hospitality) Change In Receivables Historical Data

The historical data trend for 1957. (Hospitality)'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.

1957. (Hospitality) Change In Receivables Chart

1957. (Hospitality) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.70 -3.19 -5.52 -22.11 29.43

1957. (Hospitality) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

1957. (Hospitality) 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

* 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.


1957. (Hospitality)  (HKSE:08495) 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.

1957. (Hospitality)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.877/130.393*91
=6.21

2. In Ben Graham's calculation of liquidation value, 1957. (Hospitality)'s accounts receivable are only considered to be worth 75% of book value:

1957. (Hospitality)'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)
=64.766-261.691+0.75 * 8.877+0.5 * 2.637
=-188.9

* 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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1957. (Hospitality) (HKSE:08495) Business Description

Traded in Other Exchanges
N/A
Address
391–407 Jaffe Road, 33rd Floor, Times Tower, Hong Kong, HKG
1957 & Co. (Hospitality) Ltd is a Hong Kong-based restaurant operation and management company. Together with its subsidiaries, the firm operates full-service restaurants under various brands and serves Japanese, Thai, Vietnamese, Shanghainese and Italian cuisines. The Group is engaged in the operation of restaurants and provision of catering management and consultancy services segment. Apart from its restaurant operation business the company also provides catering management and consultancy services in Hong Kong and the People's Republic of China. It derives the majority of the revenue from the operation of restaurants.
Executives
Cai Weike 2201 Interest of corporation controlled by you
Real Hero Ventures Limited 2101 Beneficial owner
Zhang Meiyun 2202 Interest of your spouse
Chan Siu Wan 2202 Interest of your spouse
Leung Chi Tien Steve 2201 Interest of corporation controlled by you
Kwan Wing Kuen Tino 2101 Beneficial owner
Kwan Wai Ling Alicia 2202 Interest of your spouse
1957 & Co. Limited 2201 Interest of corporation controlled by you
Sino Explorer Limited 2101 Beneficial owner
All Victory Global Limited

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