GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Glass Holdings Ltd (HKSE:03300) » Definitions » Change In Receivables

China Glass Holdings (HKSE:03300) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is China Glass Holdings Change In Receivables?

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

China Glass Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$228 Mil. It means China Glass Holdings's Accounts Receivable declined by HK$228 Mil from Dec. 2022 to Dec. 2023 .

China Glass Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$279 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 Glass Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Glass Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-11,859 Mil.


China Glass Holdings Change In Receivables Historical Data

The historical data trend for China Glass 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.

China Glass Holdings Change In Receivables Chart

China Glass 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 20.33 25.89 26.16 -312.95 227.78

China Glass 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 - - - - -

China Glass 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.


China Glass Holdings  (HKSE:03300) 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 Glass 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
=278.864/3500.982*91
=14.54

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

China Glass 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)
=1324.398-13929.973+0.75 * 278.864+0.5 * 1074.772
=-11,859

* 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 Glass Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of China Glass Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


China Glass Holdings (HKSE:03300) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road, Unit 2608, 26th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.
Executives
Tung Ching Sai 2202 Interest of your spouse
Sze Tan Hung 2101 Beneficial owner
Cao Zhijiang 2201 Interest of corporation controlled by you
Easylead Management Limited 2201 Interest of corporation controlled by you
Liu Jinduo 2201 Interest of corporation controlled by you
Zhang Zuxiang 2201 Interest of corporation controlled by you
First Fortune Enterprises Limited 2101 Beneficial owner
Right Lane Limited 2201 Interest of corporation controlled by you
Lian Xiang Hong Yi Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Lian Xiang Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Beng Bu Hua Jin Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao John Huan 2201 Interest of corporation controlled by you
United Strength Upward Limited 2201 Interest of corporation controlled by you
New Glory Management Limited 2201 Interest of corporation controlled by you
New Glory Fund L.p. 2101 Beneficial owner

China Glass Holdings (HKSE:03300) Headlines

No Headlines