Founder Holdings (Founder Holdings) Change In Receivables : $-1.0 Mil (TTM As of Dec. 2023)

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What is Founder Holdings Change In Receivables?

Founder Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-4.4 Mil. It means Founder Holdings's Accounts Receivable increased by $4.4 Mil from Jun. 2023 to Dec. 2023 .

Founder Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.0 Mil. It means Founder Holdings's Accounts Receivable increased by $1.0 Mil from Dec. 2022 to Dec. 2023 .

Founder Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $26.4 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. Founder Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Founder Holdings's liquidation value for the six months ended in Dec. 2023 was $74.7 Mil.

Founder Holdings Change In Receivables Historical Data

The historical data trend for Founder 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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Founder Holdings Change In Receivables Chart

Founder Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.55

-3.34

4.98

-3.09

-1.00

Founder Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															3.22	3.09	-6.20	3.38	-4.38

Founder 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.0 Mil.

Founder Holdings (OTCPK:FHGDF) 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.

Founder Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.421	/	77.977	*	91
=	61.84

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

Founder Holdings'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)
=	96.029	-	46.906	+	0.75 * 26.421	+	0.5 * 11.513
=	74.7

Founder Holdings Change In Receivables Related Terms

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Founder Holdings (Founder Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Founder Holdings Ltd (OTCPK:FHGDF) » Definitions » Change In Receivables

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00418:Hong Kong FOU1:Germany

Address

9 Hoi Shing Road, Unit 1408, 14th Floor, New Territories, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

https://www.founder.com.hk

Founder Holdings Ltd is engaged in software development and systems integration. It operates in the business division of the provision of software development and system integration and information products distribution. Geographically, the company operates in Hong Kong, Mainland China, and other countries, of which key revenue is generated from Mainland China. The group serves in the fields of printing, media, publishing, big data, and fonts library.

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