New Century Group Hong Kong (HKSE:00234) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2024)

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What is New Century Group Hong Kong Change In Receivables?

New Century Group Hong Kong's change in receivables for the quarter that ended in Sep. 2024 was HK$0.00 Mil. It means New Century Group Hong Kong's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

New Century Group Hong Kong's change in receivables for the fiscal year that ended in Mar. 2024 was HK$76.30 Mil. It means New Century Group Hong Kong's Accounts Receivable declined by HK$76.30 Mil from Mar. 2023 to Mar. 2024 .

New Century Group Hong Kong's Accounts Receivable for the quarter that ended in Sep. 2024 was HK$0.00 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. New Century Group Hong Kong's Days Sales Outstanding for the six months ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. New Century Group Hong Kong's liquidation value for the six months ended in Sep. 2024 was HK$461.30 Mil.

New Century Group Hong Kong Change In Receivables Historical Data

The historical data trend for New Century Group Hong Kong'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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New Century Group Hong Kong Change In Receivables Chart

New Century Group Hong Kong Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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75.67

102.18

-42.97

-80.46

76.30

New Century Group Hong Kong Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-38.41	-42.05	-	-	-

New Century Group Hong Kong 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

New Century Group Hong Kong (HKSE:00234) 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.

New Century Group Hong Kong's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	45.436	*	91
=	0.00

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

New Century Group Hong Kong's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	569.562	-	108.267	+	0.75 * 0	+	0.5 * 0
=	461.30

New Century Group Hong Kong Change In Receivables Related Terms

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New Century Group Hong Kong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » New Century Group Hong Kong Ltd (HKSE:00234) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3808, 38th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.ncgrp.com.hk

New Century Group Hong Kong Ltd is an investment holding company. The firm along with its subsidiaries is engaged in the business segments of Property investments; Money lending services; and Securities trading, where the securities trading segment engages in the trading of marketable securities for short-term investment purposes; the Property investments segment invests in prime office space and commercial shops for their rental income potential; and the Money lending segment engages in the provision of secured mortgage loans and unsecured personal loans. The company derives the majority of its revenue from the Money lending segment. The group operates in Hong Kong and the rest of Southeast Asia, of which maximum revenue is generated from Hong Kong.

Executives

Ng Lilian	2101 Beneficial owner
Ng Siew Lang, Linda	2101 Beneficial owner
Sio Ion Kuan	2101 Beneficial owner
Ng Wee Keat	2101 Beneficial owner
Huang Si Teng	2501 Other
Ng (huang) Cheow Leng	2201 Interest of corporation controlled by you
Huang Group (bvi) Limited	2201 Interest of corporation controlled by you

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