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Meihao Medical Group Co (HKSE:01947) Change In Receivables : HK$0.18 Mil (TTM As of Dec. 2024)


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What is Meihao Medical Group Co Change In Receivables?

Meihao Medical Group Co's change in receivables for the quarter that ended in Dec. 2024 was HK$0.66 Mil. It means Meihao Medical Group Co's Accounts Receivable declined by HK$0.66 Mil from Jun. 2024 to Dec. 2024 .

Meihao Medical Group Co's change in receivables for the fiscal year that ended in Dec. 2024 was HK$0.18 Mil. It means Meihao Medical Group Co's Accounts Receivable declined by HK$0.18 Mil from Dec. 2023 to Dec. 2024 .

Meihao Medical Group Co's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$0.74 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. Meihao Medical Group Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 3.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meihao Medical Group Co's liquidation value for the six months ended in Dec. 2024 was HK$11.16 Mil.

Meihao Medical Group Co Change In Receivables Historical Data

The historical data trend for Meihao Medical Group 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.

* Premium members only.

Meihao Medical Group Co Change In Receivables Chart

Meihao Medical Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial 0.11 0.52 0.12 -0.30 0.18

Meihao Medical Group Co Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only -0.18 -0.60 0.30 -0.48 0.66

Meihao Medical Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.18 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.

Meihao Medical Group Co  (HKSE:01947) 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.

Meihao Medical Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.74/43.65*91
=3.09

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

Meihao Medical Group Co'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)
=83.806-74.477+0.75 * 0.74+0.5 * 2.557
=11.16

* 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.

Meihao Medical Group Co Change In Receivables Related Terms

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Meihao Medical Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Meihao Medical Group Co Ltd (HKSE:01947) » Definitions » Change In Receivables
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HKSE:01406 HKSE:00876 HKSE:08513 HKSE:00907 HKSE:01134 HKSE:01120 ISRG XPAR:EL BDX XSWX:ALC TSE:7741 RMD TSE:4543 OCSE:COLO B XPAR:DIM XSWX:STMN COO BAX WST ALGN
Traded in Other Exchanges
N/A
Address
197 Fuqian Street, Lucheng District, Zhejiang Province, Wenzhou, CHN
Website
https://www.meihaomedical.com
Meihao Medical Group Co Ltd is a dental service provider in Wenzhou. It offers services to individuals and covers principally four dental sectors: general dentistry, reparative dentistry, implant dentistry, orthodontics, and cosmetic dentistry.
Executives
Wang Xiaomin
Jtc (china) Co., Ltd 2101 Beneficial owner
Ze Tian Sen Hong You Xian Gong Si 2301 Trustee
Zheng Man
Jian Chi Kang Zhong Guo You Xian Gong Si 2101 Beneficial owner
Mei Hao Zhong Guo You Xian Gong Si 2101 Beneficial owner
Rui Kang Zhong Guo You Xian Gong Si 2101 Beneficial owner

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