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Heng Hup Holdings (HKSE:01891) Change In Receivables : HK$-133 Mil (TTM As of Dec. 2023)


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What is Heng Hup Holdings Change In Receivables?

Heng Hup Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$-92 Mil. It means Heng Hup Holdings's Accounts Receivable increased by HK$92 Mil from Jun. 2023 to Dec. 2023 .

Heng Hup Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-133 Mil. It means Heng Hup Holdings's Accounts Receivable increased by HK$133 Mil from Dec. 2022 to Dec. 2023 .

Heng Hup Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$312 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. Heng Hup Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Heng Hup Holdings's liquidation value for the six months ended in Dec. 2023 was HK$40 Mil.


Heng Hup Holdings Change In Receivables Historical Data

The historical data trend for Heng Hup 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.

* Premium members only.

Heng Hup Holdings Change In Receivables Chart

Heng Hup Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 13.63 -43.13 -49.16 17.68 -132.99

Heng Hup Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -50.32 67.49 -41.04 -92.31 -

Heng Hup 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$-133 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.


Heng Hup Holdings  (HKSE:01891) 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.

Heng Hup 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
=311.8/1294.661*91
=43.95

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

Heng Hup 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)
=33.072-284.218+0.75 * 311.8+0.5 * 114.049
=40

* 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.


Heng Hup Holdings Change In Receivables Related Terms

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Heng Hup Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150
Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.
Executives
Juan Sook Fong 2202 Interest of your spouse
Koo Lee Ching 2202 Interest of your spouse
Loh Hui Mei 2202 Interest of your spouse
Peong Ai Teen 2202 Interest of your spouse
Sia Keng Leong 2201 Interest of corporation controlled by you
Sia Kok Chin 2201 Interest of corporation controlled by you
Sia Kok Chong 2201 Interest of corporation controlled by you
Sia Kok Heong 2201 Interest of corporation controlled by you
Sia Kok Seng 2201 Interest of corporation controlled by you
Yang Mei Feng 2202 Interest of your spouse
5s Holdings (bvi) Limited 2101 Beneficial owner
Poon Ka Ho Stanley

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