Hing Lee (HK) Holdings (HKSE:00396) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)

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What is Hing Lee (HK) Holdings Change In Receivables?

Hing Lee (HK) Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Hing Lee (HK) Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Hing Lee (HK) Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$19.13 Mil. It means Hing Lee (HK) Holdings's Accounts Receivable declined by HK$19.13 Mil from Dec. 2022 to Dec. 2023 .

Hing Lee (HK) Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$47.09 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. Hing Lee (HK) Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 150.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hing Lee (HK) Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-4.22 Mil.

Hing Lee (HK) Holdings Change In Receivables Historical Data

The historical data trend for Hing Lee (HK) 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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Hing Lee (HK) Holdings Change In Receivables Chart

Hing Lee (HK) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-36.89

52.74

-28.61

16.61

19.13

Hing Lee (HK) Holdings 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															-	-	-	-	-

Hing Lee (HK) 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$0.00 Mil.

Hing Lee (HK) Holdings (HKSE:00396) 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.

Hing Lee (HK) 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
=	47.086	/	57.221	*	91
=	150.18

2. In Ben Graham's calculation of liquidation value, Hing Lee (HK) Holdings's accounts receivable are only considered to be worth 75% of book value:

Hing Lee (HK) 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)
=	33.51	-	75.097	+	0.75 * 47.086	+	0.5 * 4.099
=	-4.22

Hing Lee (HK) Holdings Change In Receivables Related Terms

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Hing Lee (HK) Holdings (HKSE:00396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hing Lee (HK) Holdings Ltd (HKSE:00396) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 On Yiu Street, Shatin,, Unit 1101, 11th Floor, Delta House, New Territories, Hong Kong, HKG

Website

http://www.hingleehk.com.hk

Hing Lee (Hk) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.

Executives

Sung Kai Hing	2101 Beneficial owner
Wong Wai King	2202 Interest of your spouse

Hing Lee (HK) Holdings (HKSE:00396) Headlines

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