Times China Holdings (FRA:T2H) Change In Receivables : €167 Mil (TTM As of Dec. 2023)

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What is Times China Holdings Change In Receivables?

Times China Holdings's change in receivables for the quarter that ended in Dec. 2023 was €124 Mil. It means Times China Holdings's Accounts Receivable declined by €124 Mil from Jun. 2023 to Dec. 2023 .

Times China Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €167 Mil. It means Times China Holdings's Accounts Receivable declined by €167 Mil from Dec. 2022 to Dec. 2023 .

Times China Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was €109 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. Times China Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Times China Holdings's liquidation value for the six months ended in Dec. 2023 was €-9,841 Mil.

Times China Holdings Change In Receivables Historical Data

The historical data trend for Times China 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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Times China Holdings Change In Receivables Chart

Times China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-581.51

-425.21

266.46

634.46

166.58

Times China 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															-373.65	499.97	155.33	42.34	124.38

Times China 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 €167 Mil.

Times China Holdings (FRA:T2H) 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.

Times China 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
=	108.78	/	1422.8	*	91
=	13.95

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

Times China 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)
=	222.546	-	14184.78	+	0.75 * 108.78	+	0.5 * 8078.79
=	-9,841

Times China Holdings Change In Receivables Related Terms

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Times China Holdings (FRA:T2H) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times China Holdings Ltd (FRA:T2H) » Definitions » Change In Receivables

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01233:Hong Kong

Address

410-412 Dongfeng Zhong Road, 36-38F, Times Property Center, Guangdong Province, Guangzhou, CHN, 510030

Website

https://www.timesgroup.cn

Times China Holdings Ltd is a real estate company. It is principal engaged in the development and management of residential, commercial properties, industrial parks and featured small towns. Geographically, the group expanded its business to Guangzhou, Foshan, Jiangmen, Dongguan, Huizhou, Zhuhai, Zhongshan, Qingyuan and Changsha, in which economies are well-developed, and holds around 79 projects in various stages. It operates in three segments: property development segment develops residential and commercial properties for sale, Urban redevelopment segment redevelops old towns, old factories, and old villages, and the Property leasing segment engages in the development, leasing, and subleasing of commercial properties owned by the company or third parties.

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