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Tse Sui Luen Jewellery (International) (HKSE:00417) Change In Receivables : HK$2 Mil (TTM As of Sep. 2023)


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What is Tse Sui Luen Jewellery (International) Change In Receivables?

Tse Sui Luen Jewellery (International)'s change in receivables for the quarter that ended in Sep. 2023 was HK$-17 Mil. It means Tse Sui Luen Jewellery (International)'s Accounts Receivable increased by HK$17 Mil from Mar. 2023 to Sep. 2023 .

Tse Sui Luen Jewellery (International)'s change in receivables for the fiscal year that ended in Mar. 2023 was HK$8 Mil. It means Tse Sui Luen Jewellery (International)'s Accounts Receivable declined by HK$8 Mil from Mar. 2022 to Mar. 2023 .

Tse Sui Luen Jewellery (International)'s Accounts Receivable for the quarter that ended in Sep. 2023 was HK$92 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. Tse Sui Luen Jewellery (International)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 12.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tse Sui Luen Jewellery (International)'s liquidation value for the six months ended in Sep. 2023 was HK$-927 Mil.


Tse Sui Luen Jewellery (International) Change In Receivables Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Change In Receivables Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 61.75 -33.45 29.90 7.54

Tse Sui Luen Jewellery (International) Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.06 29.95 -11.19 18.73 -17.02

Tse Sui Luen Jewellery (International) 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$2 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.


Tse Sui Luen Jewellery (International)  (HKSE:00417) 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.

Tse Sui Luen Jewellery (International)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=91.838/1346.534*91
=12.45

2. In Ben Graham's calculation of liquidation value, Tse Sui Luen Jewellery (International)'s accounts receivable are only considered to be worth 75% of book value:

Tse Sui Luen Jewellery (International)'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)
=219.826-1980.562+0.75 * 91.838+0.5 * 1529.877
=-927

* 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.


Tse Sui Luen Jewellery (International) Change In Receivables Related Terms

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Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Traded in Other Exchanges
N/A
Address
30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.
Executives
Elmas Hong Kong Limited 2301 Trustee
Prime Investments S.a. 2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy 2202 Interest of your spouse
Yau On Yee, Annie 2202 Interest of your spouse
Blink Technology Limited 2201 Interest of corporation controlled by you
Partner Logistics Limited 2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited 2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited 2201 Interest of corporation controlled by you

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