Lap Kei Engineering (Holdings) (HKSE:01690) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Lap Kei Engineering (Holdings) Change In Receivables?

Lap Kei Engineering (Holdings)'s change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Lap Kei Engineering (Holdings)'s Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Lap Kei Engineering (Holdings)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$23.8 Mil. It means Lap Kei Engineering (Holdings)'s Accounts Receivable declined by HK$23.8 Mil from Dec. 2022 to Dec. 2023 .

Lap Kei Engineering (Holdings)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$55.4 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. Lap Kei Engineering (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 62.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lap Kei Engineering (Holdings)'s liquidation value for the six months ended in Dec. 2023 was HK$-57.2 Mil.

Lap Kei Engineering (Holdings) Change In Receivables Historical Data

The historical data trend for Lap Kei Engineering (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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Lap Kei Engineering (Holdings) Change In Receivables Chart

Lap Kei Engineering (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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68.73

26.55

-73.96

-103.46

23.81

Lap Kei Engineering (Holdings) Semi-Annual Data
	Dec14	Jun15	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														-	-	-	-	-

Lap Kei Engineering (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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Lap Kei Engineering (Holdings) (HKSE:01690) 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.

Lap Kei Engineering (Holdings)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	55.403	/	160.71	*	91
=	62.91

2. In Ben Graham's calculation of liquidation value, Lap Kei Engineering (Holdings)'s accounts receivable are only considered to be worth 75% of book value:

Lap Kei Engineering (Holdings)'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)
=	45.756	-	144.477	+	0.75 * 55.403	+	0.5 * 0
=	-57.2

Lap Kei Engineering (Holdings) Change In Receivables Related Terms

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Lap Kei Engineering (Holdings) (HKSE:01690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lap Kei Engineering (Holdings) Ltd (HKSE:01690) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

19 Lam Hing Street, Room 6, 6th Floor, Block B, Tonic Industrial Centre, Kowloon Bay, Hong Kong, HKG

Website

http://www.lapkeieng.com

Lap Kei Engineering (Holdings) Ltd provides engineering services for building services systems. The company is organized into the principal operating divisions of the building services engineering work division and maintenance, repair; and maintenance, repair, and other services division. The building services engineering work division, which is the key revenue-generating segment, comprises the provision of building services engineering work including mechanical ventilation and air-conditioning system, electrical system, plumbing and drainage system, fire system, and other related works. Maintenance, repair, and other services involve the provision of maintenance and repair services for building services systems and the replacement of parts. It derives prime revenue from Hong Kong.

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