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Red Star Macalline Group (HKSE:01528) Change In Receivables : HK$0 Mil (TTM As of Mar. 2024)


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What is Red Star Macalline Group Change In Receivables?

Red Star Macalline Group's change in receivables for the quarter that ended in Mar. 2024 was HK$0 Mil. It means Red Star Macalline Group's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Red Star Macalline Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$650 Mil. It means Red Star Macalline Group's Accounts Receivable declined by HK$650 Mil from Dec. 2022 to Dec. 2023 .

Red Star Macalline Group's Accounts Receivable for the quarter that ended in Mar. 2024 was HK$1,477 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. Red Star Macalline Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 58.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Red Star Macalline Group's liquidation value for the three months ended in Mar. 2024 was HK$-68,808 Mil.

Red Star Macalline Group Change In Receivables Historical Data

The historical data trend for Red Star Macalline 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.

Red Star Macalline Group Change In Receivables Chart

Red Star Macalline Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.89 -867.84 466.31 -445.25 649.85

Red Star Macalline Group Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Red Star Macalline 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 Mar. 2024 adds up the quarterly 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.

Red Star Macalline Group  (HKSE:01528) 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.

Red Star Macalline Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1476.561/2293.768*91
=58.74

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

Red Star Macalline Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5175.122-75177.816+0.75 * 1476.561+0.5 * 174.627
=-68,808

* 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.

Red Star Macalline Group Change In Receivables Related Terms

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Red Star Macalline Group (HKSE:01528) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Red Star Macalline Group Corp Ltd (HKSE:01528) » Definitions » Change In Receivables
Comparable Companies
HKSE:06049 HKSE:00014 HKSE:02669 HKSE:00010 HKSE:06098 HKSE:02602 HKSE:09979 HKSE:02869 HKSE:03990 HKSE:00071 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
601828:China
Address
No. 2/5, Lane 1466, Shenchang Road, Minhang District, Shanghai, CHN
Website
https://www.chinaredstar.com
Red Star Macalline Group Corp Ltd operates home improvement and furnishings shopping malls in China. It has various segments.Owned/Leased Portfolio Shopping Malls segment, which is the key revenue driver, leases floor areas to the tenants and provides management support to them. Managed Shopping Malls segment provides initiation, consultation, and management services to its partners and construction contractors to develop and manage the shopping malls under its own brand. The Construction and design segment provides building installation and decorating services in shopping malls. Sales of merchandise and related services segment include retail sales of home furnishing merchandise and providing related decorating services. All of its revenues are derived from the PRC.
Executives
Taobao China Holding Limited 2101 Beneficial owner
Taobao Holding Limited 2201 Interest of corporation controlled by you
Alibaba Investment Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund Gp, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Fund, L.p. 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Gp Limited 2201 Interest of corporation controlled by you
New Retail Strategic Opportunities Investments 4 Limited 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Wong Man Li 2201 Interest of corporation controlled by you
Hui Wai Hing 2202 Interest of your spouse
Man Wah Investments Limited 2101 Beneficial owner
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Xi Xi Development Limited 2201 Interest of corporation controlled by you
New Fortune Star Limited 2201 Interest of corporation controlled by you
Wong Luen Hei 2307 Founder of a discretionary trust who can infl

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