China Tontine Wines Group (HKSE:00389) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is China Tontine Wines Group Change In Receivables?

China Tontine Wines Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means China Tontine Wines Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Tontine Wines Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$3.1 Mil. It means China Tontine Wines Group's Accounts Receivable declined by HK$3.1 Mil from Dec. 2022 to Dec. 2023 .

China Tontine Wines Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$128.2 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 Tontine Wines Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 188.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Tontine Wines Group's liquidation value for the six months ended in Dec. 2023 was HK$212.0 Mil.

China Tontine Wines Group Change In Receivables Historical Data

The historical data trend for China Tontine Wines 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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China Tontine Wines Group Change In Receivables Chart

China Tontine Wines Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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48.51

-66.11

-11.22

3.13

China Tontine Wines Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Dec24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Tontine Wines 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$0.0 Mil.

China Tontine Wines Group (HKSE:00389) 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 Tontine Wines 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
=	128.242	/	124.109	*	91
=	188.58

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

China Tontine Wines 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)
=	104.437	-	61.305	+	0.75 * 128.242	+	0.5 * 145.293
=	212.0

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China Tontine Wines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Tontine Wines Group Ltd (HKSE:00389) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 2199, Tuanjie Road, Tonghua County, Jilin Province, Tonghua, CHN

Website

https://www.tontine-wines.com.hk

China Tontine Wines Group Ltd. is an investment holding company. The company and its subsidiaries are engaged in the production and sales of wine products. Its geographical segments consist of North-East Region, Northern Region, Eastern Region, South-Central Region, and South-West Region. The Group's product offerings include Sweet wines, Dry wines, Brandy, and Others.

Executives

Wang He	2101 Beneficial owner
Yu Xinxin	2101 Beneficial owner
Sky Source International Investments Limited	2201 Interest of corporation controlled by you
Zhu Minghui	2101 Beneficial owner
Li Jerry Y	2101 Beneficial owner
Zhang Min	2202 Interest of your spouse
Up Mount International Limited	2101 Beneficial owner
Wang Guangyuan	2201 Interest of corporation controlled by you
Bon Voyage Development Limited	2101 Beneficial owner
Huang Chuwu	2101 Beneficial owner
Liu Xinqiong	2201 Interest of corporation controlled by you
Wang Dongjun	2201 Interest of corporation controlled by you
Yan Shaohua	2101 Beneficial owner

China Tontine Wines Group Headlines

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