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Yangzijiang Financial Holding (SGX:YF8) Change In Receivables : S$-62.1 Mil (TTM As of Dec. 2023)


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What is Yangzijiang Financial Holding Change In Receivables?

Yangzijiang Financial Holding's change in receivables for the quarter that ended in Dec. 2023 was S$42.5 Mil. It means Yangzijiang Financial Holding's Accounts Receivable declined by S$42.5 Mil from Jun. 2023 to Dec. 2023 .

Yangzijiang Financial Holding's change in receivables for the fiscal year that ended in Dec. 2023 was S$-62.1 Mil. It means Yangzijiang Financial Holding's Accounts Receivable increased by S$62.1 Mil from Dec. 2022 to Dec. 2023 .

Yangzijiang Financial Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was S$5.4 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. Yangzijiang Financial Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 5.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Yangzijiang Financial Holding's liquidation value for the six months ended in Dec. 2023 was S$2,397.6 Mil.

Yangzijiang Financial Holding Change In Receivables Historical Data

The historical data trend for Yangzijiang Financial Holding'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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Yangzijiang Financial Holding Change In Receivables Chart

Yangzijiang Financial Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
116.30 -372.76 483.78 5.80 -62.05

Yangzijiang Financial Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial 197.28 -664.13 669.93 -104.56 42.51

Yangzijiang Financial Holding 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$-62.1 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.

Yangzijiang Financial Holding  (SGX:YF8) 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.

Yangzijiang Financial Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.376/170.708*91
=5.75

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

Yangzijiang Financial Holding'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)
=2656.004-262.456+0.75 * 5.376+0.5 * 0
=2,397.6

* 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.

Yangzijiang Financial Holding Change In Receivables Related Terms

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Yangzijiang Financial Holding (SGX:YF8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Yangzijiang Financial Holding Ltd (SGX:YF8) » Definitions » Change In Receivables
Comparable Companies
SGX:P15 SGX:B73 SGX:BLS SGX:42T SGX:T55 SGX:5SY SGX:8A1 BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW STT
Traded in Other Exchanges
YNGFF:USA
Address
9 Raffles Place, No. 54-01 Republic Plaza, Singapore, SGP, 048619
Website
https://www.yzjfin.com
Yangzijiang Financial Holding Ltd operates as an investment management business, which seeks capital appreciation and investment income from investments in both public and private companies as funds, as well as deploying funds into various situations, and the debt investment business, which is primarily made up of debt investments. The principal activities of the Group consist of micro-financing, debt investments at amortized cost, fund management and other investments and therefore management considers that the Group operates in one single business segment at two geographical locations.

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