Newton Resources (HKSE:01231) Change In Receivables : HK$-300 Mil (TTM As of Dec. 2023)

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What is Newton Resources Change In Receivables?

Newton Resources's change in receivables for the quarter that ended in Dec. 2023 was HK$-264 Mil. It means Newton Resources's Accounts Receivable increased by HK$264 Mil from Jun. 2023 to Dec. 2023 .

Newton Resources's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-300 Mil. It means Newton Resources's Accounts Receivable increased by HK$300 Mil from Dec. 2022 to Dec. 2023 .

Newton Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$215 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. Newton Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 16.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Newton Resources's liquidation value for the six months ended in Dec. 2023 was HK$-161 Mil.

Newton Resources Change In Receivables Historical Data

The historical data trend for Newton Resources'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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Newton Resources Change In Receivables Chart

Newton Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-327.63

-418.75

739.31

-170.94

-300.33

Newton Resources 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															781.60	-127.85	-44.11	-36.11	-264.32

Newton Resources 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$-300 Mil.

Newton Resources (HKSE:01231) 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.

Newton Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	214.965	/	2426.099	*	91
=	16.17

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

Newton Resources'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)
=	292.969	-	615.678	+	0.75 * 214.965	+	0.5 * 0
=	-161

Newton Resources Change In Receivables Related Terms

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Newton Resources (HKSE:01231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Newton Resources Ltd (HKSE:01231) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

248 Queen's Road East, Units 4204-05, 42/Floor, Dah Sing Financial Centre, Wan Chai, HKG

Website

https://www.newton-resources.com

Newton Resources Ltd is engaged in trading of iron ore and other commodities. The company recognized revenue derived from sales of iron ore products and other commodities from Mainland China and Other countries.

Executives

Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited	2201 Interest of corporation controlled by you
Century Acquisition Limited	2201 Interest of corporation controlled by you
Nws Holdings Limited	2201 Interest of corporation controlled by you
New World Development Company Limited	2201 Interest of corporation controlled by you
Faithful Boom Investments Limited	2101 Beneficial owner
Modern Global Holdings Limited	2201 Interest of corporation controlled by you
Nws Mining Limited	2201 Interest of corporation controlled by you
Nws Resources Limited	2201 Interest of corporation controlled by you
Perfect Move Limited	2201 Interest of corporation controlled by you
Vms Investment Group Limited	2101 Beneficial owner
Fast Fortune Holdings Limited	2101 Beneficial owner

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