Huitongda Network Co (HKSE:09878) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Huitongda Network Co Change In Receivables?

Huitongda Network Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Huitongda Network Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Huitongda Network Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-502 Mil. It means Huitongda Network Co's Accounts Receivable increased by HK$502 Mil from Dec. 2022 to Dec. 2023 .

Huitongda Network Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2,051 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. Huitongda Network Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huitongda Network Co's liquidation value for the six months ended in Dec. 2023 was HK$-10,814 Mil.

Huitongda Network Co Change In Receivables Historical Data

The historical data trend for Huitongda Network 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.

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Huitongda Network Co Change In Receivables Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2,706.29

-1,069.25

-3,528.31

-1,771.06

-501.83

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-	-	-	-	-

Huitongda Network 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 Mil.

Huitongda Network Co (HKSE:09878) 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.

Huitongda Network 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
=	2050.605	/	42718.319	*	91
=	8.76

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

Huitongda Network 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)
=	7691.396	-	21454.518	+	0.75 * 2050.605	+	0.5 * 2823.112
=	-10,814

Huitongda Network Co Change In Receivables Related Terms

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Huitongda Network Co (HKSE:09878) Business Description

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Traded in Other Exchanges

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Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.

Executives

Xu Xiuxian	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si	2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si	2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si	2101 Beneficial owner
Wang Jianguo

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