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Huashi Group Holdings (HKSE:01111) Change In Receivables : HK$-87.0 Mil (TTM As of Dec. 2022)


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What is Huashi Group Holdings Change In Receivables?

Huashi Group Holdings's change in receivables for the quarter that ended in Dec. 2022 was HK$-87.0 Mil. It means Huashi Group Holdings's Accounts Receivable increased by HK$87.0 Mil from Dec. 2021 to Dec. 2022 .

Huashi Group Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was HK$-87.0 Mil. It means Huashi Group Holdings's Accounts Receivable increased by HK$87.0 Mil from Dec. 2021 to Dec. 2022 .

Huashi Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2022 was HK$114.6 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. Huashi Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2022 was 90.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huashi Group Holdings's liquidation value for the six months ended in Dec. 2022 was HK$12.6 Mil.

Huashi Group Holdings Change In Receivables Historical Data

The historical data trend for Huashi 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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Huashi Group Holdings Change In Receivables Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-10.27 -10.79 -86.95 -

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Change In Receivables -10.27 -10.79 -86.95 -

Huashi 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2022 was HK$-87.0 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.

Huashi Group Holdings  (HKSE:01111) 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.

Huashi Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=114.577/231.346*91
=90.39

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

Huashi Group Holdings's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.209-76.54+0.75 * 114.577+0.5 * 0
=12.6

* 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.

Huashi Group Holdings Change In Receivables Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
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Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Website
http://www.youmeimu.com
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

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