Leader Capital Holdings (Leader Capital Holdings) Change In Receivables : $0.02 Mil (TTM As of Aug. 2023)

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What is Leader Capital Holdings Change In Receivables?

Leader Capital Holdings's change in receivables for the quarter that ended in Aug. 2023 was $0.02 Mil. It means Leader Capital Holdings's Accounts Receivable declined by $0.02 Mil from May. 2023 to Aug. 2023 .

Leader Capital Holdings's change in receivables for the fiscal year that ended in Aug. 2023 was $0.02 Mil. It means Leader Capital Holdings's Accounts Receivable declined by $0.02 Mil from Aug. 2022 to Aug. 2023 .

Leader Capital Holdings's Accounts Receivable for the quarter that ended in Aug. 2023 was $0.00 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. Leader Capital Holdings's Days Sales Outstanding for the three months ended in Aug. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Leader Capital Holdings's liquidation value for the three months ended in Aug. 2023 was $-2.93 Mil.

Leader Capital Holdings Change In Receivables Historical Data

The historical data trend for Leader Capital 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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Leader Capital Holdings Change In Receivables Chart

Leader Capital Holdings Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-0.19

0.19

0.02

Leader Capital Holdings Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Change In Receivables	Get a 7-Day Free Trial															-	0.03	-0.02	-	0.02

Leader Capital 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 quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

Leader Capital Holdings (OTCPK:LCHD) 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.

Leader Capital 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
=	0	/	0.007	*	91
=	0.00

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

Leader Capital 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)
=	0.006	-	2.938	+	0.75 * 0	+	0.5 * 0
=	-2.93

Leader Capital Holdings Change In Receivables Related Terms

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Leader Capital Holdings (Leader Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Leader Capital Holdings Corp (OTCPK:LCHD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongqing Road, Room 711, 7F, No. 89, Section 1, North District, Taichung City, Taichung, TWN

Website

https://www.leader-capital.com

Leader Capital Holdings Corp through its subsidiaries owns and operates a mobile application platform that connects the investor with other financial service providers. The company's application helps to meet the generic needs of financial service providers mainly for trust and insurance companies. Investors can use this platform to make their investment decisions in real-time and place investment orders without having to e-mail or fax documents to their investment advisor. The Company operates in one business and industry segment: the provision of investment platform services through mobile application.

Executives

Shui Fung Cheng	director, 10 percent owner	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE,, HUNG HOM K3 0000000000
Leader Financial Asset Management Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
First Leader Capital Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM, HONG KONG K3 0000000000
Cpn Investment Ltd	10 percent owner	ROOM 2708-09, THE METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HUNG HOM,, HONG KONG K3 0000000000
Anzhao International Ltd	10 percent owner	4007 CENTRAL PLAZA,, 18 HARBOUR ROAD, WANCHAI, HONG KONG K3 0000000000
Yi-hsiu Lin	director, 10 percent owner, officer: Chief Executive Officer	ROOM 2708-09, METROPOLIS TOWER,, 10 METROPOLIS DRIVE, HONG KONG K3 0000000000

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