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Miricor Enterprises Holdings (HKSE:01827) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)


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What is Miricor Enterprises Holdings Change In Receivables?

Miricor Enterprises Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means Miricor Enterprises Holdings's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Miricor Enterprises Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-16.6 Mil. It means Miricor Enterprises Holdings's Accounts Receivable increased by HK$16.6 Mil from Mar. 2022 to Mar. 2023 .

Miricor Enterprises Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$19.3 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. Miricor Enterprises Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 14.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Miricor Enterprises Holdings's liquidation value for the six months ended in Sep. 2023 was HK$-240.2 Mil.


Miricor Enterprises Holdings Change In Receivables Historical Data

The historical data trend for Miricor Enterprises 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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Miricor Enterprises Holdings Change In Receivables Chart

Miricor Enterprises Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -5.86 18.03 -8.39 14.12 -16.58

Miricor Enterprises Holdings Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - -

Miricor Enterprises 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 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.


Miricor Enterprises Holdings  (HKSE:01827) 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.

Miricor Enterprises Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.271/237.01*91
=14.84

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

Miricor Enterprises Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=97.784-375.514+0.75 * 19.271+0.5 * 46.192
=-240.2

* 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.


Miricor Enterprises Holdings Change In Receivables Related Terms

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Miricor Enterprises Holdings (HKSE:01827) Business Description

Traded in Other Exchanges
N/A
Address
88 Connaught Road Central, 18th Floor, Nan Fung Tower, Central, Hong Kong, HKG
Miricor Enterprises Holdings Ltd is an investment holding company. The company is engaged in the provision of medical aesthetic services and the sale of skin care products. The company's only operating segment is the non-surgical medical aesthetic services and is principally engaged in the provision of medical aesthetic services and the sale of skin care products in Hong Kong and Mainland China. Geographically, it operates and derives revenue from Hong Kong.
Executives
Meitu, Inc. 2101 Beneficial owner
Sunny Bright Group Holdings Limited 2101 Beneficial owner
Lai Ka Yee Gigi 2201 Interest of corporation controlled by you
Ma Ting Keung Patrick 2201 Interest of corporation controlled by you

Miricor Enterprises Holdings (HKSE:01827) Headlines

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