Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Change In Receivables : HK$-106 Mil (TTM As of Dec. 2023)

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What is Xiamen Yan Palace Birds Nest Industry Co Change In Receivables?

Xiamen Yan Palace Birds Nest Industry Co's change in receivables for the quarter that ended in Dec. 2023 was HK$-106 Mil. It means Xiamen Yan Palace Birds Nest Industry Co's Accounts Receivable increased by HK$106 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Yan Palace Birds Nest Industry Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-106 Mil. It means Xiamen Yan Palace Birds Nest Industry Co's Accounts Receivable increased by HK$106 Mil from Dec. 2022 to Dec. 2023 .

Xiamen Yan Palace Birds Nest Industry Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$91 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. Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xiamen Yan Palace Birds Nest Industry Co's liquidation value for the six months ended in Dec. 2023 was HK$117 Mil.

Xiamen Yan Palace Birds Nest Industry Co Change In Receivables Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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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Xiamen Yan Palace Birds Nest Industry Co Change In Receivables Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-31.60

-46.12

4.12

-106.10

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Change In Receivables	-31.60	-46.12	4.12	-106.10

Xiamen Yan Palace Birds Nest Industry 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.

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. 2023 was HK$-106 Mil.

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) 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.

Xiamen Yan Palace Birds Nest Industry 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
=	91.11	/	2148.441	*	91
=	7.74

2. In Ben Graham's calculation of liquidation value, Xiamen Yan Palace Birds Nest Industry Co's accounts receivable are only considered to be worth 75% of book value:

Xiamen Yan Palace Birds Nest Industry 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)
=	587.461	-	736.185	+	0.75 * 91.11	+	0.5 * 394.156
=	117

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Executives

Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong	2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen	2201 Interest of corporation controlled by you
Zheng Wenbin

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