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COFCO Joycome Foods (HKSE:01610) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is COFCO Joycome Foods Change In Receivables?

COFCO Joycome Foods's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means COFCO Joycome Foods's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

COFCO Joycome Foods's change in receivables for the fiscal year that ended in Dec. 2023 was HK$441 Mil. It means COFCO Joycome Foods's Accounts Receivable declined by HK$441 Mil from Dec. 2022 to Dec. 2023 .

COFCO Joycome Foods's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$221 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. COFCO Joycome Foods's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. COFCO Joycome Foods's liquidation value for the six months ended in Dec. 2023 was HK$-4,808 Mil.


COFCO Joycome Foods Change In Receivables Historical Data

The historical data trend for COFCO Joycome Foods'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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COFCO Joycome Foods Change In Receivables Chart

COFCO Joycome Foods 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 -95.10 -623.14 -440.87 348.49 440.56

COFCO Joycome Foods Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

COFCO Joycome Foods 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. 2023 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.


COFCO Joycome Foods  (HKSE:01610) 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.

COFCO Joycome Foods's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=220.556/6289.132*91
=6.40

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

COFCO Joycome Foods'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)
=1278.95-7639.115+0.75 * 220.556+0.5 * 2772.614
=-4,808

* 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.


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COFCO Joycome Foods (HKSE:01610) Business Description

Traded in Other Exchanges
Address
No.8, Chao Yang Men South Street, COFCO Fortune Plaza, Chao Yang District, Beijing, CHN
COFCO Joycome Foods Ltd is engaged in the feed production, hog production, slaughtering and cutting, production, distribution and sale of fresh pork and processed meat products, import and distribution of meat products (including pork, beef, poultry and mutton). Its segments include Hog production segment represents hog breeding and sales of hogs; Fresh pork segment represents slaughtering, wholesale and retail sales of fresh and frozen meats; Processed meat products segment represents manufacture, wholesale and retail sales of processed meat products; and Meat import segment represents sales of imported meat products. Geographically it derives revenue from Mainland China.
Executives
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Cofco (hong Kong) Limited
Cofco Corporation

COFCO Joycome Foods (HKSE:01610) Headlines

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