Redsun Services Group (HKSE:01971) Change In Receivables : HK$-116 Mil (TTM As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Redsun Services Group Change In Receivables?

Redsun Services Group's change in receivables for the quarter that ended in Dec. 2024 was HK$71 Mil. It means Redsun Services Group's Accounts Receivable declined by HK$71 Mil from Jun. 2024 to Dec. 2024 .

Redsun Services Group's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-115 Mil. It means Redsun Services Group's Accounts Receivable increased by HK$115 Mil from Dec. 2023 to Dec. 2024 .

Redsun Services Group's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$310 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. Redsun Services Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 94.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Redsun Services Group's liquidation value for the six months ended in Dec. 2024 was HK$29 Mil.

Redsun Services Group Change In Receivables Historical Data

The historical data trend for Redsun Services Group'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.

Redsun Services Group Change In Receivables Chart

Redsun Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

8.02

-1.58

-503.53

-138.79

-114.51

Redsun Services Group 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									-355.39	-216.39	77.59	-187.02	70.98

Redsun Services Group 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$-116 Mil.

Redsun Services Group (HKSE:01971) 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.

Redsun Services Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	309.557	/	599.333	*	91
=	94.26

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

Redsun Services Group'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)
=	596.903	-	799.946	+	0.75 * 309.557	+	0.5 * 0.286
=	29

Redsun Services Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Redsun Services Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Redsun Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Services Group Ltd (HKSE:01971) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Daqiao North Road, 25th Floor, Hong Yang Building, Jiangsu Province, Nanjing, CHN

Website

http://www.rsunservice.hk

Redsun Services Group Ltd is a community service provider in Jiangsu province, China, with balanced property management abilities in the management of residential and commercial properties. The company provides property owners, commercial, residents and tenants with a wide range of property management services, including, among others, security, cleaning, greening and gardening, facility management, and repairs and maintenance services. It also provides Value-added services to non-property owners; and Community value-added services. It derives revenue from the provision of property management services, value-added services to non-property owners and community value-added services in Mainland China.

Executives

As Holdings Gp Llc	2106 Person having a security interest in shares
Union Lead Capital Limited	2106 Person having a security interest in shares
Cp6 Hold Co 2 Limited	2106 Person having a security interest in shares
Ares Ssg Capital Partners Vi, L.p.	2106 Person having a security interest in shares
Ares Ssg Capital Partners Vi Gp, Ltd.	2106 Person having a security interest in shares
Investment Opportunities V Pte. Limited	2106 Person having a security interest in shares
Fuchs Benjamin Aaron	2201 Interest of corporation controlled by you
Bfam Partners (cayman) Limited	2201 Interest of corporation controlled by you
Tj Capital Investors, Llc	2106 Person having a security interest in shares
Ssg Capital Partners V, L.p.	2106 Person having a security interest in shares
Ssg Capital Partners V Gp, Ltd.	2106 Person having a security interest in shares
Ressler Antony Peter	2106 Person having a security interest in shares
Cp5 Hold Co 2 Limited	2106 Person having a security interest in shares
As Holdings Lp Ltd.	2106 Person having a security interest in shares
Ares Partners Holdco Llc	2106 Person having a security interest in shares

Redsun Services Group Headlines

No Headlines