CNT Group (HKSE:00701) Change In Receivables : HK$139.1 Mil (TTM As of Dec. 2023)

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What is CNT Group Change In Receivables?

CNT Group's change in receivables for the quarter that ended in Dec. 2023 was HK$81.5 Mil. It means CNT Group's Accounts Receivable declined by HK$81.5 Mil from Jun. 2023 to Dec. 2023 .

CNT Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$139.1 Mil. It means CNT Group's Accounts Receivable declined by HK$139.1 Mil from Dec. 2022 to Dec. 2023 .

CNT Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$156.9 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. CNT Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 119.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CNT Group's liquidation value for the six months ended in Dec. 2023 was HK$-119.6 Mil.

CNT Group Change In Receivables Historical Data

The historical data trend for CNT 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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CNT Group Change In Receivables Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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181.99

-45.05

-54.89

33.40

139.07

CNT 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															-33.97	33.97	-0.56	57.55	81.52

CNT 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$139.1 Mil.

CNT Group (HKSE:00701) 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.

CNT 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
=	156.933	/	239.366	*	91
=	119.65

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

CNT 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)
=	260.392	-	511.373	+	0.75 * 156.933	+	0.5 * 27.353
=	-119.6

CNT Group Change In Receivables Related Terms

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CNT Group (HKSE:00701) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

Executives

Prime Surplus Limited	2101 Beneficial owner
Ho Mei Po, Mabel	2202 Interest of your spouse
Tsui Ho Chuen, Philip	2201 Interest of corporation controlled by you
Polygold Holdings Limited	2201 Interest of corporation controlled by you
Rapid Growth Ltd.	2301 Trustee
Xie Jian Ming	2201 Interest of corporation controlled by you

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