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OKG Technology Holdings (HKSE:01499) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)


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What is OKG Technology Holdings Change In Receivables?

OKG Technology Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means OKG Technology Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

OKG Technology Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-9.2 Mil. It means OKG Technology Holdings's Accounts Receivable increased by HK$9.2 Mil from Mar. 2022 to Mar. 2023 .

OKG Technology Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$29.6 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. OKG Technology Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 43.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OKG Technology Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-341.7 Mil.


OKG Technology Holdings Change In Receivables Historical Data

The historical data trend for OKG Technology 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.

OKG Technology Holdings Change In Receivables Chart

OKG Technology Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -21.48 -24.73 23.85 26.59 -9.21

OKG Technology Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

OKG Technology 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 Sep. 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.


OKG Technology Holdings  (HKSE:01499) 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.

OKG Technology Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.58/123.646*91
=43.66

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

OKG Technology Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=110.255-876.146+0.75 * 29.58+0.5 * 804.068
=-341.7

* 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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OKG Technology Holdings (HKSE:01499) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.

OKG Technology Holdings (HKSE:01499) Headlines

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