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Asia Energy logistics Group (HKSE:00351) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Asia Energy logistics Group Change In Receivables?

Asia Energy logistics Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Asia Energy logistics Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Asia Energy logistics Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-3.4 Mil. It means Asia Energy logistics Group's Accounts Receivable increased by HK$3.4 Mil from Dec. 2022 to Dec. 2023 .

Asia Energy logistics Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2.9 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. Asia Energy logistics Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Energy logistics Group's liquidation value for the six months ended in Dec. 2023 was HK$25.3 Mil.


Asia Energy logistics Group Change In Receivables Historical Data

The historical data trend for Asia Energy logistics Group'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.

Asia Energy logistics Group Change In Receivables Chart

Asia Energy logistics Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 -3.72 10.66 -10.15 -3.41

Asia Energy logistics Group 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 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 - - - - -

Asia Energy logistics Group 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$0.0 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.


Asia Energy logistics Group  (HKSE:00351) 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.

Asia Energy logistics Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.921/65.556*91
=8.13

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

Asia Energy logistics Group'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)
=49.935-26.874+0.75 * 2.921+0.5 * 0
=25.3

* 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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Asia Energy logistics Group (HKSE:00351) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, China Resources Building, Room 2906, 29 Floor, Wanchai, Hong Kong, HKG
Asia Energy logistics Group Ltd operates through the Telecommunication related business and Shipping and logistics segments. The Shipping and logistics segment which generates the majority of the revenue focuses on investment in owning and operating vessels, coal shipment logistics services, acquisition, management, and operation of terminals, as well as related logistics operations.
Executives
Pang Yuet 2101 Beneficial owner
Jetport Development Limited 2101 Beneficial owner
Oriental Solar Group Limited 2101 Beneficial owner
King Castle Enterprises Limited
Vms Investment Group Limited 2101 Beneficial owner
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Wong Kin Ting 2101 Beneficial owner

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