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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Green Future Food Hydrocolloid Marine Science Co Change In Receivables?

Green Future Food Hydrocolloid Marine Science Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Green Future Food Hydrocolloid Marine Science Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Green Future Food Hydrocolloid Marine Science Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$92 Mil. It means Green Future Food Hydrocolloid Marine Science Co's Accounts Receivable declined by HK$92 Mil from Dec. 2022 to Dec. 2023 .

Green Future Food Hydrocolloid Marine Science Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$93 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. Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Green Future Food Hydrocolloid Marine Science Co's liquidation value for the six months ended in Dec. 2023 was HK$-285 Mil.


Green Future Food Hydrocolloid Marine Science Co Change In Receivables Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science Co'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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Green Future Food Hydrocolloid Marine Science Co Change In Receivables Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -23.20 28.50 2.80 -51.08 92.06

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
Dec16 Dec17 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 - - - - -

Green Future Food Hydrocolloid Marine Science Co 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.


Green Future Food Hydrocolloid Marine Science Co  (HKSE:01084) 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.

Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=93.404/646.549*91
=26.36

2. In Ben Graham's calculation of liquidation value, Green Future Food Hydrocolloid Marine Science Co's accounts receivable are only considered to be worth 75% of book value:

Green Future Food Hydrocolloid Marine Science Co'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)
=79.408-863.529+0.75 * 93.404+0.5 * 858.614
=-285

* 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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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Traded in Other Exchanges
N/A
Address
169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG
Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.
Executives
Guo Songsen 2401 A concert party to an agreement to buy shares
Qiu Qiaoya 2202 Interest of your spouse
She Pin Pin 2202 Interest of your spouse
Li Shun Ching Louisa 2202 Interest of your spouse
Chan Shui Yip 2401 A concert party to an agreement to buy shares
Chan Kam Chung 2401 A concert party to an agreement to buy shares
Wu Biling 2202 Interest of your spouse
Winning Path Trading Company Limited 2401 A concert party to an agreement to buy shares
Strong Achievement (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares
Cos Kreation Investment Development Company Limited 2401 A concert party to an agreement to buy shares
Guo Yuansuo 2401 A concert party to an agreement to buy shares
Guo Songsen 2401 A concert party to an agreement to buy shares
Guo Dongxu 2401 A concert party to an agreement to buy shares
Guo Donghuang 2401 A concert party to an agreement to buy shares
Green Forest (bvi) Investment Company Limited 2401 A concert party to an agreement to buy shares

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