Ritamix Global (HKSE:01936) Change In Receivables : HK$-10.1 Mil (TTM As of Dec. 2024)

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What is Ritamix Global Change In Receivables?

Ritamix Global's change in receivables for the quarter that ended in Dec. 2024 was HK$-2.5 Mil. It means Ritamix Global's Accounts Receivable increased by HK$2.5 Mil from Jun. 2024 to Dec. 2024 .

Ritamix Global's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-10.5 Mil. It means Ritamix Global's Accounts Receivable increased by HK$10.5 Mil from Dec. 2023 to Dec. 2024 .

Ritamix Global's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$42.9 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. Ritamix Global's Days Sales Outstanding for the six months ended in Dec. 2024 was 71.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ritamix Global's liquidation value for the six months ended in Dec. 2024 was HK$140.8 Mil.

Ritamix Global Change In Receivables Historical Data

The historical data trend for Ritamix Global'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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Ritamix Global Change In Receivables Chart

Ritamix Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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17.58

0.81

-0.97

0.63

-10.50

Ritamix Global Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial									8.22	1.78	-1.13	-7.56	-2.55

Ritamix Global 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-10.1 Mil.

Ritamix Global (HKSE:01936) 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.

Ritamix Global's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	42.865	/	109.681	*	91
=	71.32

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

Ritamix Global's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	148.953	-	71.811	+	0.75 * 42.865	+	0.5 * 63.053
=	140.8

Ritamix Global Change In Receivables Related Terms

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Ritamix Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ritamix Global Ltd (HKSE:01936) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Jalan TP 7, UEP Industrial Park, Shah Alam, SGR, MYS, 40400

Website

https://www.ritamix-global.com

Ritamix Global Ltd is engaged in the distribution of animal feed additives and, human food ingredients; and the manufacturing of animal feed additives premixes. The company offers a wide range of animal feed additives including amino acids, vitamins, minerals, enzymes, and photogenic ingredients produced by chemical and feed ingredients companies of international brand names. It has diversified its product portfolio to include human food ingredients such as baking soda, minerals, hydrocolloids, emulsifiers, and vitamins. Its operating segments include the Animal feed additives products segment: manufacturing and distribution of animal feed additives products; and the Human food ingredient products segment: distribution of human food ingredient products.

Executives

Garry-worth Investment Limited
Lee Haw Hann
Lee Haw Shyang
Lee Haw Yih
Yaw Sook Kean
Yee Mei Loon
Voon Sze Lin
Warrants Capital Ltd
Lim Ee Min

Ritamix Global Headlines

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