Hi Sun Technology (China) (Hi Sun Technology (China)) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is Hi Sun Technology (China) Change In Receivables?

Hi Sun Technology (China)'s change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Hi Sun Technology (China)'s Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Hi Sun Technology (China)'s change in receivables for the fiscal year that ended in Dec. 2023 was $125.2 Mil. It means Hi Sun Technology (China)'s Accounts Receivable declined by $125.2 Mil from Dec. 2022 to Dec. 2023 .

Hi Sun Technology (China)'s Accounts Receivable for the quarter that ended in Dec. 2023 was $24.0 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. Hi Sun Technology (China)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 24.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hi Sun Technology (China)'s liquidation value for the six months ended in Dec. 2023 was $-178.6 Mil.

Hi Sun Technology (China) Change In Receivables Historical Data

The historical data trend for Hi Sun Technology (China)'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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Hi Sun Technology (China) Change In Receivables Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.80

-91.31

-157.87

-93.86

125.16

Hi Sun Technology (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Hi Sun Technology (China) 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 $0.0 Mil.

Hi Sun Technology (China) (OTCPK:HISNF) 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.

Hi Sun Technology (China)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.975	/	179.076	*	91
=	24.43

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

Hi Sun Technology (China)'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)
=	474.903	-	672.706	+	0.75 * 23.975	+	0.5 * 2.494
=	-178.6

Hi Sun Technology (China) Change In Receivables Related Terms

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Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (OTCPK:HISNF) » Definitions » Change In Receivables

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00818:Hong Kong

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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