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Chen Lin Education Group Holdings (HKSE:01593) Change In Receivables : HK$0.0 Mil (TTM As of Aug. 2024)


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What is Chen Lin Education Group Holdings Change In Receivables?

Chen Lin Education Group Holdings's change in receivables for the quarter that ended in Aug. 2024 was HK$0.0 Mil. It means Chen Lin Education Group Holdings's Accounts Receivable stayed the same from Feb. 2024 to Aug. 2024 .

Chen Lin Education Group Holdings's change in receivables for the fiscal year that ended in Aug. 2024 was HK$-16.5 Mil. It means Chen Lin Education Group Holdings's Accounts Receivable increased by HK$16.5 Mil from Aug. 2023 to Aug. 2024 .

Chen Lin Education Group Holdings's Accounts Receivable for the quarter that ended in Aug. 2024 was HK$7.9 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. Chen Lin Education Group Holdings's Days Sales Outstanding for the six months ended in Aug. 2024 was 4.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chen Lin Education Group Holdings's liquidation value for the six months ended in Aug. 2024 was HK$-3,618.0 Mil.


Chen Lin Education Group Holdings Change In Receivables Historical Data

The historical data trend for Chen Lin Education 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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Chen Lin Education Group Holdings Change In Receivables Chart

Chen Lin Education Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24
Change In Receivables
Get a 7-Day Free Trial -36.90 -102.61 -27.48 -23.72 -16.50

Chen Lin Education Group Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 - - - - -

Chen Lin Education 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 Aug. 2024 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.


Chen Lin Education Group Holdings  (HKSE:01593) 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.

Chen Lin Education Group Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.924/291.66*91
=4.96

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

Chen Lin Education Group Holdings's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=314.211-3938.123+0.75 * 7.924+0.5 * 0
=-3,618.0

* 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.


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Chen Lin Education Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN
Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. It is specialized in full-system applied undergraduate education, vocational education and quality high school education. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.
Executives
Huang Yulin 2201 Interest of corporation controlled by you
Huangyulin Holdings Limited 2101 Beneficial owner
Wang Li

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