China Merchants Commercial�REIT (HKSE:01503) Change In Receivables : HK$-21.3 Mil (TTM As of Jun. 2023)

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What is China Merchants Commercial�REIT Change In Receivables?

China Merchants Commercial�REIT's change in receivables for the quarter that ended in Jun. 2023 was HK$2.2 Mil. It means China Merchants Commercial�REIT's Accounts Receivable declined by HK$2.2 Mil from Dec. 2022 to Jun. 2023 .

China Merchants Commercial�REIT's change in receivables for the fiscal year that ended in Dec. 2022 was HK$3.4 Mil. It means China Merchants Commercial�REIT's Accounts Receivable declined by HK$3.4 Mil from Dec. 2021 to Dec. 2022 .

China Merchants Commercial�REIT's Accounts Receivable for the quarter that ended in Jun. 2023 was HK$21.9 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 Merchants Commercial�REIT's Days Sales Outstanding for the six months ended in Jun. 2023 was 15.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Merchants Commercial�REIT's liquidation value for the six months ended in Jun. 2023 was HK$-4,789.0 Mil.

China Merchants Commercial�REIT Change In Receivables Historical Data

The historical data trend for China Merchants Commercial�REIT'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 Merchants Commercial�REIT Change In Receivables Chart

China Merchants Commercial�REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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23.63

-11.67

-3.99

3.40

China Merchants Commercial�REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial									9.32	28.31	-23.56	2.22	-

China Merchants Commercial�REIT 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$-21.3 Mil.

China Merchants Commercial�REIT (HKSE:01503) 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 Merchants Commercial�REIT's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.869	/	260.331	*	91
=	15.33

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

China Merchants Commercial�REIT'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)
=	1270.744	-	6076.126	+	0.75 * 21.869	+	0.5 * 0
=	-4,789.0

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China Merchants Commercial�REIT (HKSE:01503) Business Description

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Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

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