Activation Group Holdings (HKSE:09919) Change In Receivables : HK$-98 Mil (TTM As of Dec. 2023)

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What is Activation Group Holdings Change In Receivables?

Activation Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$-189 Mil. It means Activation Group Holdings's Accounts Receivable increased by HK$189 Mil from Jun. 2023 to Dec. 2023 .

Activation Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-98 Mil. It means Activation Group Holdings's Accounts Receivable increased by HK$98 Mil from Dec. 2022 to Dec. 2023 .

Activation Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$337 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. Activation Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 91.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Activation Group Holdings's liquidation value for the six months ended in Dec. 2023 was HK$113 Mil.

Activation Group Holdings Change In Receivables Historical Data

The historical data trend for Activation Group Holdings'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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Activation Group Holdings Change In Receivables Chart

Activation Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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97.41

-62.68

-12.75

-96.18

-98.23

Activation Group Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial									36.57	51.54	-145.28	91.21	-189.44

Activation Group Holdings 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$-98 Mil.

Activation Group Holdings (HKSE:09919) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	337.227	/	674.828	*	91
=	91.20

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

Activation Group Holdings'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)
=	335.877	-	476.26	+	0.75 * 337.227	+	0.5 * 0
=	113

Activation Group Holdings Change In Receivables Related Terms

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Activation Group Holdings (HKSE:09919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Activation Group Holdings Ltd (HKSE:09919) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399A Liu Zhou Road, 8th Floor, Hengdi Warehouse International Building, Xuhui District, Shanghai, CHN, 200235

Website

https://www.activation-gp.com

Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong/Singapore.

Executives

Lau Kam Yiu	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Snow Lake China Master Fund, Ltd.	2101 Beneficial owner
Snow Lake China Offshore Fund, Ltd.	2201 Interest of corporation controlled by you
Snow Lake Management Llc	2201 Interest of corporation controlled by you
Snow Lake Management Lp	2102 Investment manager
Ma Sean	2201 Interest of corporation controlled by you
Ai De Zhong Xin Shang Hai Tou Zi Guan Li Qi Ye You Xian He Huo	2101 Beneficial owner
Low Wei Mun	2101 Beneficial owner
Chan Wai Bun	2101 Beneficial owner
Li Meixuan	2202 Interest of your spouse
Chung Wing Ting	2202 Interest of your spouse
Ng Bo Sing	2101 Beneficial owner
Act Partners Global Ltd.	2201 Interest of corporation controlled by you

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