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Luxking Group Holdings (SGX:BKK) Change In Receivables : S$-2.66 Mil (TTM As of Dec. 2023)


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What is Luxking Group Holdings Change In Receivables?

Luxking Group Holdings's change in receivables for the quarter that ended in Dec. 2023 was S$-3.52 Mil. It means Luxking Group Holdings's Accounts Receivable increased by S$3.52 Mil from Jun. 2023 to Dec. 2023 .

Luxking Group Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was S$0.14 Mil. It means Luxking Group Holdings's Accounts Receivable declined by S$0.14 Mil from Jun. 2022 to Jun. 2023 .

Luxking Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was S$17.89 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. Luxking Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Luxking Group Holdings's liquidation value for the six months ended in Dec. 2023 was S$-7.48 Mil.

Luxking Group Holdings Change In Receivables Historical Data

The historical data trend for Luxking Group 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.

Luxking Group Holdings Change In Receivables Chart

Luxking Group Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.57 5.50 1.66 2.09 0.14

Luxking Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.71 2.77 -0.74 0.86 -3.52

Luxking Group 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 S$-2.66 Mil.

* 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.

Luxking Group Holdings  (SGX:BKK) 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.

Luxking Group 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
=17.888/54.227*91
=60.20

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

Luxking Group 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)
=3.59-32.262+0.75 * 17.888+0.5 * 15.55
=-7.48

* 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.

Luxking Group Holdings Change In Receivables Related Terms

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Luxking Group Holdings (SGX:BKK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxking Group Holdings Ltd (SGX:BKK) » Definitions » Change In Receivables
Comparable Companies
SGX:M15 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB BOM:500820 DD ISX:TPIA OCSE:NSIS B IFF ADX:BOROUGE WLK NSE:PIDILITIND XSWX:EMSN
Traded in Other Exchanges
N/A
Address
Lianfeng Road, Jiu Zhouji, Xiaolan Town, Guangdong Province, Zhongshan, CHN, 528415
Website
http://www.newasiatapes.com
Luxking Group Holdings Ltd is an investment holding company. The company's operating segment includes Manufacture of General Tapes; Manufacture of Industrial Tapes; Manufacture of biaxially oriented polypropylene (BOPP) films and Trading of tapes and BOPP films. It generates maximum revenue from the Manufacture of biaxially oriented polypropylene (BOPP) films segment. The Manufacture of BOPP films segment manufacture and distributes BOPP films for packaging in industries, such as food, pharmaceutical, medical and electrical industries. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Other countries.