JH Educational Technology (HKSE:01935) Change In Receivables : HK$-0.2 Mil (TTM As of Dec. 2023)

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What is JH Educational Technology Change In Receivables?

JH Educational Technology's change in receivables for the quarter that ended in Dec. 2023 was HK$9.6 Mil. It means JH Educational Technology's Accounts Receivable declined by HK$9.6 Mil from Jun. 2023 to Dec. 2023 .

JH Educational Technology's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-0.2 Mil. It means JH Educational Technology's Accounts Receivable increased by HK$0.2 Mil from Dec. 2022 to Dec. 2023 .

JH Educational Technology's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1.7 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. JH Educational Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. JH Educational Technology's liquidation value for the six months ended in Dec. 2023 was HK$1,469.1 Mil.

JH Educational Technology Change In Receivables Historical Data

The historical data trend for JH Educational Technology'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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JH Educational Technology Change In Receivables Chart

JH Educational Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.04

-0.59

0.55

-1.48

-0.17

JH Educational Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial									-0.46	0.25	-1.71	-9.78	9.60

JH Educational Technology 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$-0.2 Mil.

JH Educational Technology (HKSE:01935) 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.

JH Educational Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.723	/	472.83	*	91
=	0.67

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

JH Educational Technology'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)
=	2299.719	-	831.922	+	0.75 * 1.723	+	0.5 * 0
=	1,469.1

JH Educational Technology Change In Receivables Related Terms

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JH Educational Technology (HKSE:01935) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JH Educational Technology Inc (HKSE:01935) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 618, Liuweng Road, Liushi Town, Yueqing, CHN

Website

http://www.jheduchina.com

JH Educational Technology Inc is engaged in the provision of higher and secondary education services and related management services in the People's Republic of China (the PRC). In addition to offering higher education, it also provides education to high school students in Zhejiang province. It controls and operates three schools, namely Zhengzhou College of Economics and Business, Zhejiang Changzheng Vocational & Technical College, and Yueqing Jingyi Secondary School. Geographically company generates its revenue from China.

Executives

Feng’s Investment Holdings Limited	2101 Beneficial owner
Chen Ling Feng	2201 Interest of corporation controlled by you
Chen Shu	2201 Interest of corporation controlled by you
Chen Yu Cao	2201 Interest of corporation controlled by you
Nan Luo Qiu	2202 Interest of your spouse
Cao’s Investment Holdings Limited	2101 Beneficial owner
Chen Yu Dian	2202 Interest of your spouse
Chen Yu Chun	2201 Interest of corporation controlled by you
Zheng Sui Lan	2202 Interest of your spouse
Zhang Xu Li	2201 Interest of corporation controlled by you
Chun’s Investment Holdings Limited	2101 Beneficial owner
Zxl Investment Holdings Limited	2101 Beneficial owner
Lin Yun Ru	2202 Interest of your spouse
Shu’s Investment Holdings Limited	2101 Beneficial owner
Chen Yu Guo	2201 Interest of corporation controlled by you

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