Smart Globe Holdings (HKSE:01481) Change In Receivables

: HK$6.80 Mil (TTM As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

Smart Globe Holdings's change in receivables for the quarter that ended in Jun. 2023 was HK$1.37 Mil. It means Smart Globe Holdings's Accounts Receivable declined by HK$1.37 Mil from Dec. 2022 to Jun. 2023 .

Smart Globe Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was HK$6.71 Mil. It means Smart Globe Holdings's Accounts Receivable declined by HK$6.71 Mil from Dec. 2021 to Dec. 2022 .

Smart Globe Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$30.82 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. Smart Globe Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 123.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smart Globe Holdings's liquidation value for the six months ended in Jun. 2023 was HK$67.13 Mil.

Smart Globe Holdings Change In Receivables Historical Data

The historical data trend for Smart Globe 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.

Smart Globe Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

3.21

5.41

2.27

6.71

Smart Globe Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables													18.52	1.28	5.43	1.37	-

Smart Globe 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$6.80 Mil.

Smart Globe Holdings (HKSE:01481) 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.

Smart Globe 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
=	30.823	/	45.629	*	91
=	123.28

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

Smart Globe 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)
=	54.128	-	18.002	+	0.75 * 30.823	+	0.5 * 15.775
=	67.13

Smart Globe Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Smart Globe Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Globe Holdings (HKSE:01481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Globe Holdings Ltd (HKSE:01481) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Heyuan Hi-Tech Development Zone, Guangdong Province, Heyuan, CHN

Website

http://www.smartglobehk.com

Smart Globe Holdings Ltd is engaged in the provision of printing services. Its operations comprise printing books products and novelty and packaging products. The company offers a full suite of services from pre-press to printing to finishing services, as well as producing custom-made and value-added printing products. It manufactures varieties of products such as Oversized books, Novelty and packaging products. The group's operations are located in Hong Kong and the PRC. It derives key revenue from Hong Kong.

Smart Globe Holdings (HKSE:01481) Headlines

No Headlines