Ming Yuan Cloud Group Holdings (HKSE:00909) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)

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What is Ming Yuan Cloud Group Holdings Change In Receivables?

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

Ming Yuan Cloud Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-72 Mil. It means Ming Yuan Cloud Group Holdings's Accounts Receivable increased by HK$72 Mil from Dec. 2022 to Dec. 2023 .

Ming Yuan Cloud Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$72 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. Ming Yuan Cloud Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ming Yuan Cloud Group Holdings's liquidation value for the six months ended in Dec. 2023 was HK$3,721 Mil.

Ming Yuan Cloud Group Holdings Change In Receivables Historical Data

The historical data trend for Ming Yuan Cloud Group 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.

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Ming Yuan Cloud Group Holdings Change In Receivables Chart

Ming Yuan Cloud Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.05

-43.23

-156.59

-28.92

-71.73

Ming Yuan Cloud Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

Ming Yuan Cloud Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0 Mil.

Ming Yuan Cloud Group Holdings (HKSE:00909) 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.

Ming Yuan Cloud Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	72.373	/	959.577	*	91
=	13.76

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

Ming Yuan Cloud Group Holdings'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)
=	4665.456	-	1004.374	+	0.75 * 72.373	+	0.5 * 10.43
=	3,721

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Ming Yuan Cloud Group Holdings (HKSE:00909) Business Description

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Address

18 Gaoxin South 4th Road, 501-509, East Block, Nanshan District, Skyworth Semiconductor Design Building, Gaoxin Community, Yuehai Subdistrict, Shenzhen, CHN

Website

https://www.mingyuanyun.com

Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants such as construction materials suppliers and property asset management companies to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

Executives

Tmf (cayman) Ltd.	2301 Trustee
Gao Yu	2307 Founder of a discretionary trust who can infl
Ghtongrui Investment Limited	2101 Beneficial owner
Mytongrui Holdings Limited	2201 Interest of corporation controlled by you
Myc Marvellous Limited	2101 Beneficial owner
Tmf Trust (hk) Limited	2301 Trustee
Jiang Haiyang	2307 Founder of a discretionary trust who can infl
Lingfan Investment Limited	2101 Beneficial owner
Chen Xiaohui	2307 Founder of a discretionary trust who can infl
Mindfree Holdings Limited	2201 Interest of corporation controlled by you
Hengxinyuan Investment Limited	2101 Beneficial owner
Sunshinemorning Holdings Limited	2201 Interest of corporation controlled by you

Ming Yuan Cloud Group Holdings (HKSE:00909) Headlines

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