Travel Expert (Asia) Enterprises (HKSE:01235) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)

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What is Travel Expert (Asia) Enterprises Change In Receivables?

Travel Expert (Asia) Enterprises's change in receivables for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means Travel Expert (Asia) Enterprises's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Travel Expert (Asia) Enterprises's change in receivables for the fiscal year that ended in Mar. 2023 was HK$0.18 Mil. It means Travel Expert (Asia) Enterprises's Accounts Receivable declined by HK$0.18 Mil from Mar. 2022 to Mar. 2023 .

Travel Expert (Asia) Enterprises's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$0.00 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. Travel Expert (Asia) Enterprises's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Travel Expert (Asia) Enterprises's liquidation value for the six months ended in Sep. 2023 was HK$11.76 Mil.

Travel Expert (Asia) Enterprises Change In Receivables Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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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Travel Expert (Asia) Enterprises Change In Receivables Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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1.63

3.51

2.16

-0.21

0.18

Travel Expert (Asia) Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Travel Expert (Asia) Enterprises 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Travel Expert (Asia) Enterprises (HKSE:01235) 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.

Travel Expert (Asia) Enterprises's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	59.549	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Travel Expert (Asia) Enterprises's accounts receivable are only considered to be worth 75% of book value:

Travel Expert (Asia) Enterprises's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	91.164	-	80.302	+	0.75 * 0	+	0.5 * 1.786
=	11.76

Travel Expert (Asia) Enterprises Change In Receivables Related Terms

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Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

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