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China Electronics Huada Technology Co (HKSE:00085) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is China Electronics Huada Technology Co Change In Receivables?

China Electronics Huada Technology Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means China Electronics Huada Technology Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Electronics Huada Technology Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$192 Mil. It means China Electronics Huada Technology Co's Accounts Receivable declined by HK$192 Mil from Dec. 2022 to Dec. 2023 .

China Electronics Huada Technology Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$574 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 Electronics Huada Technology Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 86.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Electronics Huada Technology Co's liquidation value for the six months ended in Dec. 2023 was HK$466 Mil.


China Electronics Huada Technology Co Change In Receivables Historical Data

The historical data trend for China Electronics Huada Technology Co'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.

China Electronics Huada Technology Co Change In Receivables Chart

China Electronics Huada Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.01 156.92 -202.68 -233.72 191.82

China Electronics Huada Technology Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

China Electronics Huada Technology Co 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$0 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.


China Electronics Huada Technology Co  (HKSE:00085) 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 Electronics Huada Technology Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=574.285/1212.113*91
=86.47

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

China Electronics Huada Technology Co'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)
=1791.676-2180.565+0.75 * 574.285+0.5 * 848.621
=466

* 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 Electronics Huada Technology Co (HKSE:00085) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 3403, 34th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Electronics Huada Technology Co Ltd is engaged in the design and sale of integrated circuit chips. The company has only one reportable segment named as Sale of integrated circuit products. The products of the company are mainly used in smart cards, RFID, and wireless communication network. It derives the majority of its revenues from the PRC.

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