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Greater China Financial Holdings (HKSE:00431) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)


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What is Greater China Financial Holdings Change In Receivables?

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

Greater China Financial Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$12.64 Mil. It means Greater China Financial Holdings's Accounts Receivable declined by HK$12.64 Mil from Dec. 2022 to Dec. 2023 .

Greater China Financial Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$3.32 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. Greater China Financial Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greater China Financial Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-1,031.04 Mil.


Greater China Financial Holdings Change In Receivables Historical Data

The historical data trend for Greater China Financial 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.

* Premium members only.

Greater China Financial Holdings Change In Receivables Chart

Greater China Financial Holdings 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 -53.24 -138.70 -231.98 -152.21 12.64

Greater China Financial 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 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 - - - - -

Greater China Financial 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.

* 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.


Greater China Financial Holdings  (HKSE:00431) 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.

Greater China Financial 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
=3.318/14.317*91
=42.29

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

Greater China Financial 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)
=35.363-1068.894+0.75 * 3.318+0.5 * 0
=-1,031.04

* 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.


Greater China Financial Holdings Change In Receivables Related Terms

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Greater China Financial Holdings (HKSE:00431) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.

Greater China Financial Holdings (HKSE:00431) Headlines

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