Lonking Holdings (HKSE:03339) Change In Receivables : HK$-20 Mil (TTM As of Dec. 2023)

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

What is Lonking Holdings Change In Receivables?

Lonking Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$207 Mil. It means Lonking Holdings's Accounts Receivable declined by HK$207 Mil from Jun. 2023 to Dec. 2023 .

Lonking Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-20 Mil. It means Lonking Holdings's Accounts Receivable increased by HK$20 Mil from Dec. 2022 to Dec. 2023 .

Lonking Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2,182 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. Lonking Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 75.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lonking Holdings's liquidation value for the six months ended in Dec. 2023 was HK$3,327 Mil.

Lonking Holdings Change In Receivables Historical Data

The historical data trend for Lonking 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.

Lonking Holdings Change In Receivables Chart

Lonking Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-137.41

-1,787.17

314.56

1,383.45

-20.49

Lonking 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															1,384.19	16.11	1,368.10	-227.26	206.78

Lonking 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$-20 Mil.

Lonking Holdings (HKSE:03339) 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.

Lonking 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
=	2181.981	/	5246.635	*	91
=	75.90

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

Lonking 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)
=	6288.524	-	6171.125	+	0.75 * 2181.981	+	0.5 * 3146.263
=	3,327

Lonking Holdings Change In Receivables Related Terms

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

Lonking Holdings (HKSE:03339) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (HKSE:03339) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

C9IB:Germany C9IB:Germany

Address

No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612

Website

https://www.lonking.cn

Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.

Executives

Li San Yim	2202 Interest of your spouse
Ngai Ngan Ying	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Ngai Ngan Ying	2101 Beneficial owner

Lonking Holdings (HKSE:03339) Headlines

No Headlines