Herald Holdings (HKSE:00114) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Herald Holdings Change In Receivables?

Herald Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Herald Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Herald Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-3.7 Mil. It means Herald Holdings's Accounts Receivable increased by HK$3.7 Mil from Mar. 2022 to Mar. 2023 .

Herald Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$142.1 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. Herald Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 63.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Herald Holdings's liquidation value for the six months ended in Sep. 2023 was HK$222.1 Mil.

Herald Holdings Change In Receivables Historical Data

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

Herald Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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30.36

2.31

-24.43

14.48

-3.68

Herald Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Herald 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Herald Holdings (HKSE:00114) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	142.05	/	406.783	*	91
=	63.73

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

Herald Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	304.508	-	256.309	+	0.75 * 142.05	+	0.5 * 134.666
=	222.1

Herald Holdings Change In Receivables Related Terms

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Herald Holdings (HKSE:00114) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Herald Holdings Ltd (HKSE:00114) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, Lippo Centre, Room 3110, 31 Floor, Tower Two, Hong Kong, HKG

Website

http://www.heraldgroup.com.hk

Herald Holdings Ltd is an investment holding company. It operates in the segments of Toys, Computer Products, Timepieces, Investments, and Others. The group derives majority revenue from the Toys segment which involves the manufacturing of wide range of toys including action figures, electronic radio-controlled toy cars and boats, electronic games, and pre-school toys. The company along with its subsidiaries is also engaged in the manufacture, sale, and distribution of computer products, housewares, clocks, watches, and electronic and gift products. The company has the majority of its customers based in Hong Kong, North America, the United Kingdom, Europe, Asia, Mainland China, and Others. It generates the highest revenue from the North America region.

Executives

Dorfman Robert	2101 Beneficial owner
Dorfman Tillman Sheri	2202 Interest of your spouse
Dingler Trina Elaine	2202 Interest of your spouse
Cheung Tsang Kay Stan	2307 Founder of a discretionary trust who can infl
Ng Yiu Chi Eleanor	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Moral Excel Holdings Limited	2201 Interest of corporation controlled by you

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