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G-Resources Group (HKSE:01051) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is G-Resources Group Change In Receivables?

G-Resources Group's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means G-Resources Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

G-Resources Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-8.1 Mil. It means G-Resources Group's Accounts Receivable increased by HK$8.1 Mil from Dec. 2022 to Dec. 2023 .

G-Resources Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$311.5 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. G-Resources Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 137.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. G-Resources Group's liquidation value for the six months ended in Dec. 2023 was HK$5,858.4 Mil.


G-Resources Group Change In Receivables Historical Data

The historical data trend for G-Resources 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.

G-Resources Group Change In Receivables Chart

G-Resources Group 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 154.42 -122.59 16.87 127.19 -8.11

G-Resources 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 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 - - - - -

G-Resources 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$0.0 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.


G-Resources Group  (HKSE:01051) 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.

G-Resources 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
=311.517/414.021*91
=137.32

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

G-Resources 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)
=5869.033-244.283+0.75 * 311.517+0.5 * 0
=5,858.4

* 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.


G-Resources Group Change In Receivables Related Terms

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G-Resources Group (HKSE:01051) Business Description

Traded in Other Exchanges
Address
No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG
G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

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