Infinity Development Holdings Company (HKSE:00640) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

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What is Infinity Development Holdings Company Change In Receivables?

Infinity Development Holdings Company's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Infinity Development Holdings Company's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Infinity Development Holdings Company's change in receivables for the fiscal year that ended in Sep. 2023 was HK$101.1 Mil. It means Infinity Development Holdings Company's Accounts Receivable declined by HK$101.1 Mil from Sep. 2022 to Sep. 2023 .

Infinity Development Holdings Company's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$169.0 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. Infinity Development Holdings Company's Days Sales Outstanding for the six months ended in Sep. 2023 was 98.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Infinity Development Holdings Company's liquidation value for the six months ended in Sep. 2023 was HK$273.6 Mil.

Infinity Development Holdings Company Change In Receivables Historical Data

The historical data trend for Infinity Development Holdings Company'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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Infinity Development Holdings Company Change In Receivables Chart

Infinity Development Holdings Company Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-21.21

-2.02

-6.53

-112.57

101.13

Infinity Development Holdings Company Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Infinity Development Holdings Company 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$0.0 Mil.

Infinity Development Holdings Company (HKSE:00640) 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.

Infinity Development Holdings Company's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	168.95	/	313.094	*	91
=	98.48

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

Infinity Development Holdings Company'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)
=	353.494	-	231.575	+	0.75 * 168.95	+	0.5 * 49.853
=	273.6

Infinity Development Holdings Company Change In Receivables Related Terms

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Infinity Development Holdings Company (HKSE:00640) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Infinity Development Holdings Company Ltd (HKSE:00640) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

16 Andar A-D, Macau Finance Centre, Rua de Pequim No. 202A-246, Macau, MAC

Website

http://www.infinitydevelopment.com.hk

Infinity Development Holdings Company Ltd is an investment holding company. The company focuses on manufacturing and selling adhesives, primers, hardeners, vulcanized shoes, and adhesive related products for the footwear industry. Its geographical segments include China, Singapore, India, Regions of Hong Kong, Macau and Taiwan, Vietnam and Cambodia, Indonesia, and Bangladesh, of which the vast majority of its revenue is generated from Vietnam and Cambodia.

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