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Glory Sun Land Group (HKSE:00299) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Glory Sun Land Group Change In Receivables?

Glory Sun Land Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Glory Sun Land Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Glory Sun Land Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$157 Mil. It means Glory Sun Land Group's Accounts Receivable declined by HK$157 Mil from Dec. 2022 to Dec. 2023 .

Glory Sun Land Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$12 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. Glory Sun Land Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Glory Sun Land Group's liquidation value for the six months ended in Dec. 2023 was HK$-5,091 Mil.


Glory Sun Land Group Change In Receivables Historical Data

The historical data trend for Glory Sun Land Group'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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Glory Sun Land Group Change In Receivables Chart

Glory Sun Land Group 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 -760.69 -508.90 -214.81 50.89 157.01

Glory Sun Land Group 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 - - - - -

Glory Sun Land Group 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.


Glory Sun Land Group  (HKSE:00299) 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.

Glory Sun Land Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.009/1043.434*91
=2.10

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

Glory Sun Land Group'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)
=1460.535-8922.013+0.75 * 12.009+0.5 * 4722.974
=-5,091

* 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.


Glory Sun Land Group Change In Receivables Related Terms

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Glory Sun Land Group (HKSE:00299) Business Description

Traded in Other Exchanges
N/A
Address
Tower Two, Lippo Centre, Unit 1305, 13th Floor, No. 89 Queensway, Admiralty, Hong Kong, HKG
Glory Sun Land Group Ltd is engaged in the trading of commodities in the People's Republic of China. The company's business segments are The real estate and property investment segment includes property development and property investment, the Trading of commodities segment includes the trading of commodities, the Construction segment includes the provision of construction works, Others segment includes the operation of a golf practicing court, operation of children's playrooms, operation of fitness rooms, operation of a karaoke box, and trading of home appliances and building materials.

Glory Sun Land Group (HKSE:00299) Headlines

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