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XJ International Holdings Co (HKSE:01765) Change In Receivables : HK$24 Mil (TTM As of Feb. 2024)


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What is XJ International Holdings Co Change In Receivables?

XJ International Holdings Co's change in receivables for the quarter that ended in Feb. 2024 was HK$35 Mil. It means XJ International Holdings Co's Accounts Receivable declined by HK$35 Mil from Aug. 2023 to Feb. 2024 .

XJ International Holdings Co's change in receivables for the fiscal year that ended in Aug. 2023 was HK$40 Mil. It means XJ International Holdings Co's Accounts Receivable declined by HK$40 Mil from Aug. 2022 to Aug. 2023 .

XJ International Holdings Co's Accounts Receivable for the quarter that ended in Feb. 2024 was HK$98 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. XJ International Holdings Co's Days Sales Outstanding for the six months ended in Feb. 2024 was 8.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. XJ International Holdings Co's liquidation value for the six months ended in Feb. 2024 was HK$-11,390 Mil.

XJ International Holdings Co Change In Receivables Historical Data

The historical data trend for XJ International Holdings Co'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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XJ International Holdings Co Change In Receivables Chart

XJ International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial 80.81 -24.90 -44.09 62.27 40.48

XJ International Holdings Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.07 -16.62 55.52 -11.75 35.26

XJ International Holdings Co 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$24 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.

XJ International Holdings Co  (HKSE:01765) 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.

XJ International Holdings Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=97.5/2220.537*91
=8.01

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

XJ International Holdings Co's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2793.376-14256.692+0.75 * 97.5+0.5 * 0
=-11,390

* 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.

XJ International Holdings Co Change In Receivables Related Terms

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XJ International Holdings Co (HKSE:01765) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » XJ International Holdings Co Ltd (HKSE:01765) » Definitions » Change In Receivables
Comparable Companies
HKSE:01890 HKSE:02001 HKSE:00032 HKSE:01773 HKSE:00382 HKSE:02385 HKSE:01563 HKSE:06169 HKSE:09636 HKSE:01593 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
HE1:Germany
Address
No. 2000 Xi Qu Avenue, Sichuan TOP IT Vocational Institute, 5th Floor, Administrative Building, Pidu District, Chengdu, CHN, 610091
Website
https://www.hopeedu.com
Hope Education Group Co Ltd is an investment holding company engaged in providing educational services. The company operates higher educational schools which include universities and junior colleges. Some of its colleges are Southwest Jiaotong University Hope Colleges, Business College of Guizhou University of Finance and Economics, Sichuan TOP IT Vocational Institute, and One Technical College among others. Its operating segments are the Domestic education which is the key revenue generating segment, Global education segment and others. The company generates its revenue from tuition fees, boarding fees, sales of books and daily necessities, and others.
Executives
Cantrust (far East) Limited 2301 Trustee
Maysunshine Holdings Limited 2201 Interest of corporation controlled by you
Wang Huiwu 2101 Beneficial owner
Chen Yuxin 2201 Interest of corporation controlled by you
Cheng Du Hua Xi Xi Wang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Te Qu Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Pu Hua Nong Ye Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yi Zeng Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tequ Group A Limited 2201 Interest of corporation controlled by you
Maysunshine Limited 2201 Interest of corporation controlled by you
Hope Education Investment Limited 2101 Beneficial owner
Credit Suisse Trust Limited 2101 Beneficial owner
Zhao Guiqin 2201 Interest of corporation controlled by you
Zhang Qiang 2201 Interest of corporation controlled by you
Tequ Group (hong Kong) Company Limited 2201 Interest of corporation controlled by you

XJ International Holdings Co (HKSE:01765) Headlines

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