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Future World Holdings (HKSE:00572) Change In Receivables : HK$0.00 Mil (TTM As of Jun. 2024)


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What is Future World Holdings Change In Receivables?

Future World Holdings's change in receivables for the quarter that ended in Jun. 2024 was HK$0.00 Mil. It means Future World Holdings's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Future World Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-15.88 Mil. It means Future World Holdings's Accounts Receivable increased by HK$15.88 Mil from Dec. 2022 to Dec. 2023 .

Future World Holdings's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$3.90 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. Future World Holdings's Days Sales Outstanding for the six months ended in Jun. 2024 was 30.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Future World Holdings's liquidation value for the six months ended in Jun. 2024 was HK$-327.90 Mil.


Future World Holdings Change In Receivables Historical Data

The historical data trend for Future World 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.

* Premium members only.

Future World Holdings Change In Receivables Chart

Future World Holdings 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 26.02 -98.26 46.95 71.18 -15.88

Future World Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Future World 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 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.


Future World Holdings  (HKSE:00572) 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.

Future World Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.898/23.598*91
=30.15

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

Future World Holdings's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=239.197-573.762+0.75 * 3.898+0.5 * 7.485
=-327.90

* 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.


Future World Holdings Change In Receivables Related Terms

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Future World Holdings Business Description

Traded in Other Exchanges
N/A
Address
181 Johnston Road, Unit 612, Tai Yau Building, Wanchai, Hong Kong, HKG
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related services, and Securities brokerage business. The majority of revenue for the company is derived from the High-technology service segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Executives
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Chu Mo Kwan 2101 Beneficial owner
Zhao Zhiqiang 2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat 2101 Beneficial owner
Yang Xuanzi 2101 Beneficial owner
Tan Jinkang 2101 Beneficial owner
Liu Mingzhong 2101 Beneficial owner
East Jumbo Development Limited 2501 Other
Or Den Fung Bonnie 2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

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