Man Shun Group (Holdings) (HKSE:01746) Change In Receivables : HK$16.7 Mil (TTM As of Dec. 2023)

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What is Man Shun Group (Holdings) Change In Receivables?

Man Shun Group (Holdings)'s change in receivables for the quarter that ended in Dec. 2023 was HK$-5.6 Mil. It means Man Shun Group (Holdings)'s Accounts Receivable increased by HK$5.6 Mil from Jun. 2023 to Dec. 2023 .

Man Shun Group (Holdings)'s change in receivables for the fiscal year that ended in Dec. 2023 was HK$16.7 Mil. It means Man Shun Group (Holdings)'s Accounts Receivable declined by HK$16.7 Mil from Dec. 2022 to Dec. 2023 .

Man Shun Group (Holdings)'s Accounts Receivable for the quarter that ended in Dec. 2023 was HK$48.4 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. Man Shun Group (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 106.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Man Shun Group (Holdings)'s liquidation value for the six months ended in Dec. 2023 was HK$104.9 Mil.

Man Shun Group (Holdings) Change In Receivables Historical Data

The historical data trend for Man Shun 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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Man Shun Group (Holdings) Change In Receivables Chart

Man Shun Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-17.18

0.19

-7.41

-7.14

16.69

Man Shun Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-20.89	8.18	-15.32	22.33	-5.63

Man Shun 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$16.7 Mil.

Man Shun Group (Holdings) (HKSE:01746) 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.

Man Shun Group (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
=	48.449	/	83.098	*	91
=	106.40

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

Man Shun Group (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)
=	88.37	-	20.885	+	0.75 * 48.449	+	0.5 * 2.225
=	104.9

Man Shun Group (Holdings) Change In Receivables Related Terms

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Man Shun Group (Holdings) (HKSE:01746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Shun Group (Holdings) Ltd (HKSE:01746) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.manshungroup.com.hk

Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Executives

Prime Pinnacle Limited	2101 Beneficial owner
Chan Ho Fung	2202 Interest of your spouse
Cheng Phyllis Woon Kink	2202 Interest of your spouse
Cheung Yuen Chau	2201 Interest of corporation controlled by you
Cheung Yuen Tung	2201 Interest of corporation controlled by you

Man Shun Group (Holdings) (HKSE:01746) Headlines

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