GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sinomax Group Ltd (HKSE:01418) » Definitions » Change In Receivables

Sinomax Group (HKSE:01418) Change In Receivables : HK$0 Mil (TTM As of Dec. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Sinomax Group Change In Receivables?

Sinomax Group's change in receivables for the quarter that ended in Dec. 2024 was HK$0 Mil. It means Sinomax Group's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Sinomax Group's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-193 Mil. It means Sinomax Group's Accounts Receivable increased by HK$193 Mil from Dec. 2023 to Dec. 2024 .

Sinomax Group's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$662 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. Sinomax Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 57.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sinomax Group's liquidation value for the six months ended in Dec. 2024 was HK$-560 Mil.


Sinomax Group Change In Receivables Historical Data

The historical data trend for Sinomax 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.

Sinomax Group Change In Receivables Chart

Sinomax Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -206.54 -50.24 215.91 -133.22 -192.52

Sinomax Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - -

Sinomax 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. 2024 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.


Sinomax Group  (HKSE:01418) 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.

Sinomax Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=662.479/2088.369*91
=57.89

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

Sinomax Group's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=262.436-1557.23+0.75 * 662.479+0.5 * 476.548
=-560

* 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.


Sinomax Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sinomax Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Sinomax Group Business Description

Traded in Other Exchanges
N/A
Address
38 Wang Chiu Road, Units 2005-2007, Level 20, Tower 1, MegaBox Enterprise Square Five, Kowloon Bay, Hong Kong, HKG
Sinomax Group Ltd is an investment holding company and is engaged in the manufacturing and marketing of visco-elastic health and wellness products globally. It focuses on the business of manufacture and sale of health and household products including visco-elastic pillows, mattress toppers and mattresses, and polyurethane foam, of which a majority of the revenue is generated from health and household products. Its operating segment consists of the China market, the North American market, Europe and another overseas market, and the majority of the revenue comes from the China market. Its own brands are Sinomax, Dream Serenity, Zeopedic, Homedics and others.
Executives
Vistra Trust (bvi) Limited 2301 Trustee
Lam Chi Fan 2101 Beneficial owner
Li Ching Hau 2202 Interest of your spouse
Chi Fan Holding Limited 2201 Interest of corporation controlled by you
Sinomax Enterprises Limited 2101 Beneficial owner
The James' Family Holding Limited 2201 Interest of corporation controlled by you
Cheung Shui Ying 2307 Founder of a discretionary trust who can infl

Sinomax Group Headlines

No Headlines