Topsports International Holdings (HKSE:06110) Change In Receivables : HK$0 Mil (TTM As of Aug. 2023)

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What is Topsports International Holdings Change In Receivables?

Topsports International Holdings's change in receivables for the quarter that ended in Aug. 2023 was HK$0 Mil. It means Topsports International Holdings's Accounts Receivable stayed the same from Feb. 2023 to Aug. 2023 .

Topsports International Holdings's change in receivables for the fiscal year that ended in Feb. 2023 was HK$0 Mil. It means Topsports International Holdings's Accounts Receivable stayed the same from Feb. 2022 to Feb. 2023 .

Topsports International Holdings's Accounts Receivable for the quarter that ended in Aug. 2023 was HK$1,139 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. Topsports International Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 13.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Topsports International Holdings's liquidation value for the six months ended in Aug. 2023 was HK$-750 Mil.

Topsports International Holdings Change In Receivables Historical Data

The historical data trend for Topsports International 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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Topsports International Holdings Change In Receivables Chart

Topsports International Holdings Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Change In Receivables

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95.29

1,124.67

-859.53

1,328.55

Topsports International Holdings Semi-Annual Data
	Feb17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Receivables	Get a 7-Day Free Trial								-	-	-	-	-

Topsports International 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Topsports International Holdings (HKSE:06110) 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.

Topsports International Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1138.974	/	15306.341	*	91
=	13.58

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

Topsports International Holdings's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2566.874	-	7543.959	+	0.75 * 1138.974	+	0.5 * 6745.198
=	-750

Topsports International Holdings Change In Receivables Related Terms

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Topsports International Holdings (HKSE:06110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topsports International Holdings Ltd (HKSE:06110) » Definitions » Change In Receivables

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Traded in Other Exchanges

TPSRF:USA 6110:Mexico

Address

No. 928 Liuzhou Road, 22nd Floor, Belle International Building, Xuhui District, Shanghai, CHN

Website

https://www.topsports.com.cn

Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings (HKSE:06110) Headlines

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