FIT Hon Teng (HKSE:06088) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is FIT Hon Teng Change In Receivables?

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

FIT Hon Teng's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-507 Mil. It means FIT Hon Teng's Accounts Receivable increased by HK$507 Mil from Dec. 2022 to Dec. 2023 .

FIT Hon Teng's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$6,305 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. FIT Hon Teng's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FIT Hon Teng's liquidation value for the six months ended in Dec. 2023 was HK$-2,598 Mil.

FIT Hon Teng Change In Receivables Historical Data

The historical data trend for FIT Hon Teng'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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FIT Hon Teng Change In Receivables Chart

FIT Hon Teng Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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143.46

1,271.38

-1,426.80

2,906.34

-507.40

FIT Hon Teng Semi-Annual Data
	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											-	-	-	-	-

FIT Hon Teng 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.

FIT Hon Teng (HKSE:06088) 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.

FIT Hon Teng's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6304.711	/	18833.098	*	91
=	61.10

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

FIT Hon Teng'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)
=	10288.193	-	20745.625	+	0.75 * 6304.711	+	0.5 * 6261.898
=	-2,598

FIT Hon Teng Change In Receivables Related Terms

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FIT Hon Teng (HKSE:06088) Business Description

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FITGF:USA 0FJ:Germany

Address

66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680

Website

https://www.fit-foxconn.com

FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

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