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China Health Group (HKSE:00673) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)


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What is China Health Group Change In Receivables?

China Health Group's change in receivables for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means China Health Group's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

China Health Group's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-0.19 Mil. It means China Health Group's Accounts Receivable increased by HK$0.19 Mil from Mar. 2022 to Mar. 2023 .

China Health Group's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$27.72 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. China Health Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 166.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Health Group's liquidation value for the six months ended in Sep. 2023 was HK$-255.75 Mil.


China Health Group Change In Receivables Historical Data

The historical data trend for China Health 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.

China Health Group Change In Receivables Chart

China Health Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.30 -19.95 -7.20 49.69 -0.19

China Health Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

China Health 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 Sep. 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.


China Health Group  (HKSE:00673) 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.

China Health Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.715/30.344*91
=166.69

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

China Health Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.255-286.854+0.75 * 27.715+0.5 * 14.117
=-255.75

* 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.


China Health Group Change In Receivables Related Terms

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China Health Group (HKSE:00673) Business Description

Traded in Other Exchanges
N/A
Address
141 Des Voeux Road, Unit 801, 8th Floor, China Insurance Group Building, Central, Hong Kong, HKG
China Health Group Ltd is an investment holding company. It is principally engaged in the distribution and service of medical equipment and consumables, provision of hospital operation and management service, and business factoring. It operates in the business in three segments Distribution and service in medical equipment and consumables; Hospital operation and management services and Business factoring service. It derives a majority of revenue from the Distribution and service in the medical equipment and consumables segment. Geographically the group's locations are located in the PRC.
Executives
Treasure Wagon Limited 2101 Beneficial owner
Zhang Fan 2201 Interest of corporation controlled by you
Best Robust Ventures Limited 2101 Beneficial owner
Sun Chunlei 2201 Interest of corporation controlled by you
Yang Huijun 2201 Interest of corporation controlled by you
Chg Victory Limited 2301 Trustee
Coral Point Global Limited 2101 Beneficial owner
Ye Zhankun 2201 Interest of corporation controlled by you

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