Niche-Tech Semiconductor Materials (HKSE:08490) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Niche-Tech Semiconductor Materials Change In Receivables?

Niche-Tech Semiconductor Materials's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Niche-Tech Semiconductor Materials's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Niche-Tech Semiconductor Materials's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-90.9 Mil. It means Niche-Tech Semiconductor Materials's Accounts Receivable increased by HK$90.9 Mil from Dec. 2022 to Dec. 2023 .

Niche-Tech Semiconductor Materials's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$74.6 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. Niche-Tech Semiconductor Materials's Days Sales Outstanding for the three months ended in Dec. 2023 was 115.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Niche-Tech Semiconductor Materials's liquidation value for the three months ended in Dec. 2023 was HK$-35.6 Mil.

Niche-Tech Semiconductor Materials Change In Receivables Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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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Niche-Tech Semiconductor Materials Change In Receivables Chart

Niche-Tech Semiconductor Materials Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-53.98

-26.55

-85.81

-76.28

-90.91

Niche-Tech Semiconductor Materials 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															-	-	-	-	-

Niche-Tech Semiconductor Materials 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$0.0 Mil.

Niche-Tech Semiconductor Materials (HKSE:08490) 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.

Niche-Tech Semiconductor Materials's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	74.564	/	59.045	*	91
=	115.23

2. In Ben Graham's calculation of liquidation value, Niche-Tech Semiconductor Materials's accounts receivable are only considered to be worth 75% of book value:

Niche-Tech Semiconductor Materials'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)
=	26.968	-	137.194	+	0.75 * 74.564	+	0.5 * 37.445
=	-35.6

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Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niche-Tech Semiconductor Materials Ltd (HKSE:08490) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG

Website

https://www.nichetech.com.hk

Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.

Executives

Chows Investment Group Limited	2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited	2101 Beneficial owner
Cheng Pak Ching	2202 Interest of your spouse
Ma Ah Muk	2101 Beneficial owner
Chow Chun Kay Stephen	2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita	2202 Interest of your spouse
Chow Bok Hin Felix	2201 Interest of corporation controlled by you
Chow Kuo Li Jen	2202 Interest of your spouse

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