China Feihe (HKSE:06186) Change In Receivables : HK$207 Mil (TTM As of Dec. 2023)

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What is China Feihe Change In Receivables?

China Feihe's change in receivables for the quarter that ended in Dec. 2023 was HK$304 Mil. It means China Feihe's Accounts Receivable declined by HK$304 Mil from Jun. 2023 to Dec. 2023 .

China Feihe's change in receivables for the fiscal year that ended in Dec. 2023 was HK$207 Mil. It means China Feihe's Accounts Receivable declined by HK$207 Mil from Dec. 2022 to Dec. 2023 .

China Feihe's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$463 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 Feihe's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Feihe's liquidation value for the six months ended in Dec. 2023 was HK$11,702 Mil.

China Feihe Change In Receivables Historical Data

The historical data trend for China Feihe'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 Feihe Change In Receivables Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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221.08

169.61

-198.56

46.35

207.21

China Feihe 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									-134.51	37.80	10.34	-97.28	304.49

China Feihe 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$207 Mil.

China Feihe (HKSE:06186) 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 Feihe's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	463.481	/	10715.728	*	91
=	7.89

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

China Feihe's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	20904.139	-	10785.023	+	0.75 * 463.481	+	0.5 * 2469.817
=	11,702

China Feihe Change In Receivables Related Terms

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China Feihe (HKSE:06186) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Feihe Ltd (HKSE:06186) » Definitions » Change In Receivables

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CHFLF:USA CFEIY:USA

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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