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Asia Cement (China) Holdings (HKSE:00743) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Asia Cement (China) Holdings Change In Receivables?

Asia Cement (China) Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Asia Cement (China) Holdings's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Asia Cement (China) Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$530 Mil. It means Asia Cement (China) Holdings's Accounts Receivable declined by HK$530 Mil from Dec. 2022 to Dec. 2023 .

Asia Cement (China) Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$356 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 Cement (China) Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Cement (China) Holdings's liquidation value for the three months ended in Dec. 2023 was HK$7,511 Mil.


Asia Cement (China) Holdings Change In Receivables Historical Data

The historical data trend for Asia Cement (China) 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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Asia Cement (China) Holdings Change In Receivables Chart

Asia Cement (China) 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 88.16 1,727.68 87.99 991.83 530.47

Asia Cement (China) Holdings Quarterly Data
Jun16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 Cement (China) 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 quarterly data reported by the company within the most recent 12 months, which was HK$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 Cement (China) Holdings  (HKSE:00743) 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 Cement (China) 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
=356.329/1871.719*91
=17.37

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

Asia Cement (China) 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)
=10276.353-3364.571+0.75 * 356.329+0.5 * 663.866
=7,511

* 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 Cement (China) Holdings (HKSE:00743) Business Description

Traded in Other Exchanges
Address
No. 6 Yadong Avenue, Ma-Tou Town, Jiangxi Province, Ruichang, CHN, 332207
Asia Cement (China) Holdings Corp is an investment holding company. The company operates through the Cement and Concrete business segments. Its products include cement, clinker, ready-mix concrete, and blast-furnace slag powder. It derives revenue from China. Its geographical segments include the Southeastern region, Central region, and Southwestern region.
Executives
Asia Cement Corporation
Far Eastern New Century Corporation

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