China Literature (HKSE:00772) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is China Literature Change In Receivables?

China Literature's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Literature's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Literature's change in receivables for the fiscal year that ended in Dec. 2023 was HK$68 Mil. It means China Literature's Accounts Receivable declined by HK$68 Mil from Dec. 2022 to Dec. 2023 .

China Literature's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$2,174 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. China Literature's Days Sales Outstanding for the six months ended in Dec. 2023 was 97.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Literature's liquidation value for the six months ended in Dec. 2023 was HK$4,355 Mil.

China Literature Change In Receivables Historical Data

The historical data trend for China Literature'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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China Literature Change In Receivables Chart

China Literature Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,727.68

-52.58

704.99

720.63

67.99

China Literature Semi-Annual Data
	Dec14	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													-	-	-	-	-

China Literature 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 HK$0 Mil.

China Literature (HKSE:00772) 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.

China Literature's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2174.432	/	4078.438	*	91
=	97.30

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

China Literature'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)
=	6872.491	-	4554.548	+	0.75 * 2174.432	+	0.5 * 813.4
=	4,355

China Literature Change In Receivables Related Terms

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China Literature (HKSE:00772) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China Literature Ltd (HKSE:00772) » Definitions » Change In Receivables

Comparable Companies

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CHLLF:USA C2X:Germany

Address

No. 5169 Binjiang Avenue, N3 Lujiazui Binjiang Center, Pudong New Area, Shanghai, CHN, 200135

Website

https://ir.yuewen.com

China Literature Ltd is an investment holding company. The company along with its subsidiaries provides online reading services, copyright commercialization, writer cultivation and brokerage, and operation of text work reading. It generates its revenue from Online reading through self-owned platform products. it operates in two segments: Online business and Intellectual property operations and others. The Online business segment that derives the majority of revenue comprises online paid reading, online advertising, and game publishing. The Intellectual property operations and others segment includes licensing and distribution of film and television properties, copyrights licensing, sales of adaptation rights and scripts, sales of physical books, in-house online games operations.

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