Minshang Creative Technology Holdings (HKSE:01632) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Minshang Creative Technology Holdings Change In Receivables?

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

Minshang Creative Technology Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-25.6 Mil. It means Minshang Creative Technology Holdings's Accounts Receivable increased by HK$25.6 Mil from Mar. 2022 to Mar. 2023 .

Minshang Creative Technology Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$28.8 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. Minshang Creative Technology Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 67.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Minshang Creative Technology Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-3.9 Mil.

Minshang Creative Technology Holdings Change In Receivables Historical Data

The historical data trend for Minshang Creative 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.

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Minshang Creative Technology Holdings Change In Receivables Chart

Minshang Creative Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.64

-47.37

-266.65

333.89

-25.63

Minshang Creative Technology Holdings Semi-Annual Data
	Mar14	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														-	-	-	-	-

Minshang Creative 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.

Minshang Creative Technology Holdings (HKSE:01632) 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.

Minshang Creative 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
=	28.795	/	77.549	*	91
=	67.76

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

Minshang Creative 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)
=	15.658	-	42.461	+	0.75 * 28.795	+	0.5 * 2.518
=	-3.9

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Minshang Creative Technology Holdings (HKSE:01632) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minshang Creative Technology Holdings Ltd (HKSE:01632) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG

Website

http://www.minshangct.com

Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.

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