Ruisen Life Service Co (HKSE:01922) Change In Receivables : HK$-116 Mil (TTM As of Dec. 2023)

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What is Ruisen Life Service Co Change In Receivables?

Ruisen Life Service Co's change in receivables for the quarter that ended in Dec. 2023 was HK$82 Mil. It means Ruisen Life Service Co's Accounts Receivable declined by HK$82 Mil from Jun. 2023 to Dec. 2023 .

Ruisen Life Service Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-116 Mil. It means Ruisen Life Service Co's Accounts Receivable increased by HK$116 Mil from Dec. 2022 to Dec. 2023 .

Ruisen Life Service Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$432 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. Ruisen Life Service Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ruisen Life Service Co's liquidation value for the six months ended in Dec. 2023 was HK$-227 Mil.

Ruisen Life Service Co Change In Receivables Historical Data

The historical data trend for Ruisen Life Service 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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Ruisen Life Service Co Change In Receivables Chart

Ruisen Life Service Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-41.99

203.16

-153.40

-199.58

-115.99

Ruisen Life Service Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial								-22.52	-178.92	-29.13	-198.24	82.25

Ruisen Life Service 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-116 Mil.

Ruisen Life Service Co (HKSE:01922) 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.

Ruisen Life Service Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	431.75	/	1122.726	*	91
=	70.18

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

Ruisen Life Service Co'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)
=	502.535	-	1057.502	+	0.75 * 431.75	+	0.5 * 8.562
=	-227

Ruisen Life Service Co Change In Receivables Related Terms

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Ruisen Life Service Co Business Description

Industry

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Traded in Other Exchanges

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Address

289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN

Website

http://www.yinchenglife.hk

Ruisen Life Service Co Ltd Formerly Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.

Executives

First Beijing Investment Limited	2102 Investment manager
Silver Huang Holding Limited	2101 Beneficial owner
Huang Qingping	2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited	2101 Beneficial owner
Zhang Jianbin	2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Silver Zhu Holding Limited	2101 Beneficial owner
Zhu Linnan	2201 Interest of corporation controlled by you

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