Sterling Group Holdings (HKSE:01825) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2024)

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What is Sterling Group Holdings Change In Receivables?

Sterling Group Holdings's change in receivables for the quarter that ended in Sep. 2024 was HK$0.0 Mil. It means Sterling Group Holdings's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

Sterling Group Holdings's change in receivables for the fiscal year that ended in Mar. 2024 was HK$-66.3 Mil. It means Sterling Group Holdings's Accounts Receivable increased by HK$66.3 Mil from Mar. 2023 to Mar. 2024 .

Sterling Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2024 was HK$128.4 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. Sterling Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2024 was 85.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sterling Group Holdings's liquidation value for the six months ended in Sep. 2024 was HK$-136.0 Mil.

Sterling Group Holdings Change In Receivables Historical Data

The historical data trend for Sterling 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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Sterling Group Holdings Change In Receivables Chart

Sterling Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-42.10

-7.93

-7.58

12.21

-66.28

Sterling Group Holdings Semi-Annual Data
	Mar16	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												-	-	-	-	-

Sterling 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Sterling Group Holdings (HKSE:01825) 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.

Sterling Group 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
=	128.429	/	273.587	*	91
=	85.67

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

Sterling Group 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)
=	22.615	-	268.26	+	0.75 * 128.429	+	0.5 * 26.578
=	-136.0

Sterling Group Holdings Change In Receivables Related Terms

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Sterling Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sterling Group Holdings Ltd (HKSE:01825) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Sheung Hei Street, 18th - 19th Floor, Win Plaza, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.sterlingapparel.com.hk

Sterling Group Holdings Ltd is an apparel manufacturer headquartered in Hong Kong providing a one-stop apparel manufacturing solution for its customers. Its products include outerwear, tops, bottoms, dresses, suits, gowns, scarf, jumpsuits, and vests among others. The company operates through two segments: Manufacturing and trading of apparel products and Licensing of trademarks for licensing income. It generates the majority of its revenue from the Manufacturing and trading of apparel products. Its geographic areas are Hong Kong, the United States, Italy, and Others.

Executives

Fetar Investment Limited	2101 Beneficial owner
Zhenda Investment Limited	2101 Beneficial owner
Moonlight Global Holdings Limited	2101 Beneficial owner
Siu Chi Wai	2201 Interest of corporation controlled by you
Wong Mei Wai Alice	2202 Interest of your spouse
Sesame Capital	2102 Investment manager

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