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Elate Holdings (HKSE:00076) Change In Receivables : HK$0.0 Mil (TTM As of Jun. 2023)


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What is Elate Holdings Change In Receivables?

Elate Holdings's change in receivables for the quarter that ended in Jun. 2023 was HK$0.0 Mil. It means Elate Holdings's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Elate Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was HK$86.1 Mil. It means Elate Holdings's Accounts Receivable declined by HK$86.1 Mil from Dec. 2021 to Dec. 2022 .

Elate Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$205.3 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. Elate Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 93.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elate Holdings's liquidation value for the six months ended in Jun. 2023 was HK$1,350.2 Mil.


Elate Holdings Change In Receivables Historical Data

The historical data trend for Elate 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.

Elate Holdings Change In Receivables Chart

Elate Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.56 -28.45 -92.09 86.06 -

Elate 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 - - - - -

Elate 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 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.


Elate Holdings  (HKSE:00076) 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.

Elate Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=205.334/399.773*91
=93.74

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

Elate Holdings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=58.896-194.862+0.75 * 205.334+0.5 * 2664.238
=1,350.2

* 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.


Elate Holdings Change In Receivables Related Terms

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Elate Holdings (HKSE:00076) Business Description

Traded in Other Exchanges
N/A
Address
13-14 Connaught Road Central and 21-23 Des Voeux Road Central, Unit 1002, 10th Floor, Euro Trade Centre, Hong Kong, HKG
Elate Holdings Ltd is an investment holding company. The company's operating segments include the Manufacture and sales of graphite products; Manufacture and sales of electronic products; and design and manufacturing in the United Kingdom. It derives the majority of its revenue from the Manufacture and sales of electronic products that is engaged in the business of manufacture and sales of electronic products within the United Kingdom.

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