Wan Cheng Metal Packaging Co (HKSE:08291) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2023)

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What is Wan Cheng Metal Packaging Co Change In Receivables?

Wan Cheng Metal Packaging Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.00 Mil. It means Wan Cheng Metal Packaging Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Wan Cheng Metal Packaging Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-20.55 Mil. It means Wan Cheng Metal Packaging Co's Accounts Receivable increased by HK$20.55 Mil from Dec. 2022 to Dec. 2023 .

Wan Cheng Metal Packaging Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$45.43 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. Wan Cheng Metal Packaging Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 145.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wan Cheng Metal Packaging Co's liquidation value for the three months ended in Dec. 2023 was HK$-139.77 Mil.

Wan Cheng Metal Packaging Co Change In Receivables Historical Data

The historical data trend for Wan Cheng Metal Packaging Co'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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Wan Cheng Metal Packaging Co Change In Receivables Chart

Wan Cheng Metal Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.76

16.62

5.44

2.12

-20.55

Wan Cheng Metal Packaging Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Wan Cheng Metal Packaging Co 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Wan Cheng Metal Packaging Co (HKSE:08291) 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.

Wan Cheng Metal Packaging Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.431	/	28.425	*	91
=	145.84

2. In Ben Graham's calculation of liquidation value, Wan Cheng Metal Packaging Co's accounts receivable are only considered to be worth 75% of book value:

Wan Cheng Metal Packaging Co'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)
=	36.437	-	219.834	+	0.75 * 45.431	+	0.5 * 19.116
=	-139.77

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Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Wan Cheng Metal Packaging Co Ltd (HKSE:08291) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN

Website

http://www.wanchengholdings.com

Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.

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