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Wonderful Sky Financial Group Holdings (HKSE:01260) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)


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What is Wonderful Sky Financial Group Holdings Change In Receivables?

Wonderful Sky Financial Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Wonderful Sky Financial Group Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Wonderful Sky Financial Group Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$17.1 Mil. It means Wonderful Sky Financial Group Holdings's Accounts Receivable declined by HK$17.1 Mil from Mar. 2022 to Mar. 2023 .

Wonderful Sky Financial Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$61.5 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. Wonderful Sky Financial Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 79.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wonderful Sky Financial Group Holdings's liquidation value for the six months ended in Sep. 2023 was HK$682.0 Mil.


Wonderful Sky Financial Group Holdings Change In Receivables Historical Data

The historical data trend for Wonderful Sky Financial 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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Wonderful Sky Financial Group Holdings Change In Receivables Chart

Wonderful Sky Financial Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.55 153.55 -5.36 15.11 17.15

Wonderful Sky Financial Group Holdings 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 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 - - - - -

Wonderful Sky Financial 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 Sep. 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.


Wonderful Sky Financial Group Holdings  (HKSE:01260) 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.

Wonderful Sky Financial Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=61.451/140.435*91
=79.86

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

Wonderful Sky Financial Group Holdings'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)
=740.422-104.549+0.75 * 61.451+0.5 * 0
=682.0

* 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.


Wonderful Sky Financial Group Holdings Change In Receivables Related Terms

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Wonderful Sky Financial Group Holdings (HKSE:01260) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Queen’s Road Central, 9th Floor, The Center, Hong Kong, HKG
Wonderful Sky Financial Group Holdings Ltd is in investment holding, securities investment. The company's operating segment includes the Provision of financial public relations services and the Organisation and coordination of international roadshows. It generates maximum revenue from the Provision of financial public relations services segment which includes public relations services; investor relations services; financial printing services and capital markets branding. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China and Singapore.
Executives
Sapphire Star Group Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Liu Tianni 2307 Founder of a discretionary trust who can infl
Luk Ching Sanna 2307 Founder of a discretionary trust who can infl
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner

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