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ZX (HKSE:09890) Change In Receivables : HK$126 Mil (TTM As of Dec. 2023)


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What is ZX Change In Receivables?

ZX's change in receivables for the quarter that ended in Dec. 2023 was HK$126 Mil. It means ZX's Accounts Receivable declined by HK$126 Mil from Dec. 2022 to Dec. 2023 .

ZX's change in receivables for the fiscal year that ended in Dec. 2023 was HK$126 Mil. It means ZX's Accounts Receivable declined by HK$126 Mil from Dec. 2022 to Dec. 2023 .

ZX's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$340 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. ZX's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZX's liquidation value for the six months ended in Dec. 2023 was HK$-4,212 Mil.

ZX Change In Receivables Historical Data

The historical data trend for ZX'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.

ZX Change In Receivables Chart

ZX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-156.62 18.15 -193.56 126.00

ZX Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Change In Receivables -156.62 18.15 -193.56 126.00

ZX 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was HK$126 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.

ZX  (HKSE:09890) 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.

ZX's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=339.833/7125.516*91
=8.70

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

ZX'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)
=991.822-5460.609+0.75 * 339.833+0.5 * 3.177
=-4,212

* 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.

ZX Change In Receivables Related Terms

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ZX (HKSE:09890) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Change In Receivables
Comparable Companies
HKSE:00797 HKSE:02400 HKSE:00777 HKSE:01119 HKSE:00799 HKSE:02660 HKSE:00302 HKSE:06633 HKSE:03798 HKSE:06820 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN
Website
https://www.zx.com
ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.
Executives
Wu Xubo 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Wxland Holding Limited 2201 Interest of corporation controlled by you
Wxland International Ltd 2101 Beneficial owner
Wxland Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Wu Xuan 2307 Founder of a discretionary trust who can infl
Wxzela International Ltd 2101 Beneficial owner
Zela Holding Limited 2201 Interest of corporation controlled by you
Chen Yang 2201 Interest of corporation controlled by you
Wxworld Holding Limited 2101 Beneficial owner

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