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Fortune Asia Group (ASX:FYA) Change In Receivables : A$0.00 Mil (TTM As of Jun. 2018)


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What is Fortune Asia Group Change In Receivables?

Fortune Asia Group's change in receivables for the quarter that ended in Jun. 2018 was A$0.00 Mil. It means Fortune Asia Group's Accounts Receivable stayed the same from Dec. 2017 to Jun. 2018 .

Fortune Asia Group's change in receivables for the fiscal year that ended in Dec. 2018 was A$0.00 Mil. It means Fortune Asia Group's Accounts Receivable stayed the same from Dec. 2017 to Dec. 2018 .

Fortune Asia Group's Accounts Receivable for the quarter that ended in Jun. 2018 was A$0.09 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fortune Asia Group's liquidation value for the six months ended in Jun. 2018 was A$-0.02 Mil.

Fortune Asia Group Change In Receivables Historical Data

The historical data trend for Fortune Asia Group'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.

* Premium members only.

Fortune Asia Group Change In Receivables Chart

Fortune Asia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
- - - - -

Fortune Asia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Change In Receivables Get a 7-Day Free Trial Premium Member Only - - - - -

Fortune Asia Group 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

* 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.

Fortune Asia Group  (ASX:FYA) 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.

Fortune Asia Group's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.091/0*91
=

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

Fortune Asia Group's liquidation value for the quarter that ended in Jun. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.418-0.503+0.75 * 0.091+0.5 * 0
=-0.02

* 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.

Fortune Asia Group Change In Receivables Related Terms

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Fortune Asia Group (ASX:FYA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Asia Group Ltd (ASX:FYA) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000
Website
http://www.ergau.com
Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

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