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Skyworth Group (HKSE:00751) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Skyworth Group Change In Receivables?

Skyworth Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Skyworth Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Skyworth Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-2,272 Mil. It means Skyworth Group's Accounts Receivable increased by HK$2,272 Mil from Dec. 2022 to Dec. 2023 .

Skyworth Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$18,611 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. Skyworth Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 84.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Skyworth Group's liquidation value for the six months ended in Dec. 2023 was HK$-15,152 Mil.


Skyworth Group Change In Receivables Historical Data

The historical data trend for Skyworth 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.

* Premium members only.

Skyworth Group Change In Receivables Chart

Skyworth Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,188.03 -110.25 -181.22 2,060.34 -2,271.78

Skyworth Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Skyworth 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 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.


Skyworth Group  (HKSE:00751) 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.

Skyworth 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
=18610.648/40175.592*91
=84.54

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

Skyworth 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)
=10747.471-48568.158+0.75 * 18610.648+0.5 * 17420.616
=-15,152

* 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.


Skyworth Group Change In Receivables Related Terms

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Skyworth Group (HKSE:00751) Business Description

Traded in Other Exchanges
Address
20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG
Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.
Executives
Target Success Group (ptc) Limited 2301 Trustee
Lin Wei Ping 2501 Other
Wong Wang Sang Stephen 2501 Other

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