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VCredit Holdings (HKSE:02003) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is VCredit Holdings Change In Receivables?

VCredit Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means VCredit Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

VCredit Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-975 Mil. It means VCredit Holdings's Accounts Receivable increased by HK$975 Mil from Dec. 2022 to Dec. 2023 .

VCredit Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$0 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. VCredit Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VCredit Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-6,699 Mil.


VCredit Holdings Change In Receivables Historical Data

The historical data trend for VCredit 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.

VCredit Holdings Change In Receivables Chart

VCredit Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -1,219.17 -184.65 471.85 -825.24 -974.90

VCredit Holdings Semi-Annual Data
Dec15 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 - - - - -

VCredit 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 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.


VCredit Holdings  (HKSE:02003) 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.

VCredit 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
=0/752.754*91
=0.00

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

VCredit 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)
=1795.641-8494.148+0.75 * 0+0.5 * 0
=-6,699

* 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.


VCredit Holdings Change In Receivables Related Terms

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VCredit Holdings (HKSE:02003) Business Description

Traded in Other Exchanges
Address
19/F Two Pacific Place, Suite 1918, 88 Queensway, Hong Kong, HKG, 200085
VCredit Holdings Ltd is an investment holding company and has one operating segment. The Group is a technology-driven consumer financial service provider in the People's Republic of China. The Group offers tailored consumer finance products to prime and near-prime borrowers who are underserved by traditional financial institutions. The Group also offers consumer finance products by facilitating transactions between borrowers and financial institutions.
Executives
Yu Shu Investment Vcc - Rain Tree Asia Equity Fund 2101 Beneficial owner
Ma Ting Hung 2201 Interest of corporation controlled by you
Liu Sai Wang Stephen 2201 Interest of corporation controlled by you
Perfect Castle Development Limited 2101 Beneficial owner
Skyworld-best Limited 2101 Beneficial owner
Cavamont Holdings Limited 2201 Interest of corporation controlled by you
Kwok Chang Shiu Feng 2201 Interest of corporation controlled by you
Kwok Peter Viem 2201 Interest of corporation controlled by you
High Loyal Management Limited 2501 Other
Kwok Lim Ying 2201 Interest of corporation controlled by you
Magic Mount Limited 2101 Beneficial owner
Tpg Group Holdings (sbs), L.p. 2201 Interest of corporation controlled by you
Atlantis China Star Fund Ii Limited 2101 Beneficial owner
Tpg Holdings Iii-a, L.p. 2201 Interest of corporation controlled by you
Tpg Holdings Iii-a, Inc. 2201 Interest of corporation controlled by you

VCredit Holdings (HKSE:02003) Headlines

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