Grand T G Gold Holdings (HKSE:08299) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Grand T G Gold Holdings Change In Receivables?

Grand T G Gold Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Grand T G Gold Holdings's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Grand T G Gold Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-26.5 Mil. It means Grand T G Gold Holdings's Accounts Receivable increased by HK$26.5 Mil from Mar. 2022 to Mar. 2023 .

Grand T G Gold Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$77.8 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. Grand T G Gold Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 223.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grand T G Gold Holdings's liquidation value for the three months ended in Sep. 2023 was HK$-558.1 Mil.

Grand T G Gold Holdings Change In Receivables Historical Data

The historical data trend for Grand T G Gold 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.

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Grand T G Gold Holdings Change In Receivables Chart

Grand T G Gold Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-11.35

-3.91

-26.51

Grand T G Gold Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Grand T G Gold 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Grand T G Gold Holdings (HKSE:08299) 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.

Grand T G Gold Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	77.822	/	31.801	*	91
=	223.30

2. In Ben Graham's calculation of liquidation value, Grand T G Gold Holdings's accounts receivable are only considered to be worth 75% of book value:

Grand T G Gold Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	18.572	-	635.317	+	0.75 * 77.822	+	0.5 * 0.609
=	-558.1

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Grand T G Gold Holdings (HKSE:08299) Business Description

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Address

305-313 Queen’s Road Central, Roon A-B, 8th Floor, Centre Mark II, Sheung Wan, Hong Kong, HKG

Website

https://www.grandtg.com

Grand T G Gold Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in gold exploration, mining, mineral processing, the sale of gold concentrate, and related products. Its segments are Gold mining and Corporate. The group's operations are located in Hong Kong and other parts of the People's Republic of China whereas the principal markets for the group's products are mainly located in other parts of the People's Republic of China.

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