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Kin Shing Holdings (HKSE:01630) Change In Receivables : HK$0 Mil (TTM As of Sep. 2024)


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What is Kin Shing Holdings Change In Receivables?

Kin Shing Holdings's change in receivables for the quarter that ended in Sep. 2024 was HK$0 Mil. It means Kin Shing Holdings's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

Kin Shing Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was HK$-95 Mil. It means Kin Shing Holdings's Accounts Receivable increased by HK$95 Mil from Mar. 2023 to Mar. 2024 .

Kin Shing Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was HK$135 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. Kin Shing Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 56.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kin Shing Holdings's liquidation value for the six months ended in Sep. 2024 was HK$8 Mil.


Kin Shing Holdings Change In Receivables Historical Data

The historical data trend for Kin Shing 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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Kin Shing Holdings Change In Receivables Chart

Kin Shing Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.56 -19.29 -21.13 -2.84 -95.36

Kin Shing Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - - - - -

Kin Shing 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 Sep. 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.


Kin Shing Holdings  (HKSE:01630) 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.

Kin Shing Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=134.842/432.088*91
=56.95

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

Kin Shing Holdings's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=156.531-249.283+0.75 * 134.842+0.5 * 0
=8

* 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.


Kin Shing Holdings Change In Receivables Related Terms

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Kin Shing Holdings Business Description

Traded in Other Exchanges
N/A
Address
10 Cheung Yue Street, Unit D, 9th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Kin Shing Holdings Ltd is an investment holding company. Along with its subsidiaries, it functions as a formwork subcontractor. The operating segments of the company include the Formwork works segment which is engaged in the provision of formwork works and other ancillary works, the Building construction works segment, and the Trading and Investment business which is engaged in investing in financial instruments. The company generates maximum revenue from the Formwork works segment. Geographically, the group's operations are located in Hong Kong.
Executives
Chu Yuet Wah
Ample Cheer Limited 2201 Interest of corporation controlled by you
Five Continental Enterprise Limited 2101 Beneficial owner
Kingston Finance Limited 2106 Person having a security interest in shares
Chow Siu Yu 2103 Interests held jointly with another person
Leung Chi Kit 2201 Interest of corporation controlled by you
Tso Yuk Ching 2202 Interest of your spouse

Kin Shing Holdings Headlines

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