Tak Lee Machinery Holdings (HKSE:02102) Change In Receivables : HK$0.0 Mil (TTM As of Jan. 2024)

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What is Tak Lee Machinery Holdings Change In Receivables?

Tak Lee Machinery Holdings's change in receivables for the quarter that ended in Jan. 2024 was HK$0.0 Mil. It means Tak Lee Machinery Holdings's Accounts Receivable stayed the same from Jul. 2023 to Jan. 2024 .

Tak Lee Machinery Holdings's change in receivables for the fiscal year that ended in Jul. 2023 was HK$-9.4 Mil. It means Tak Lee Machinery Holdings's Accounts Receivable increased by HK$9.4 Mil from Jul. 2022 to Jul. 2023 .

Tak Lee Machinery Holdings's Accounts Receivable for the quarter that ended in Jan. 2024 was HK$96.6 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. Tak Lee Machinery Holdings's Days Sales Outstanding for the six months ended in Jan. 2024 was 132.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tak Lee Machinery Holdings's liquidation value for the six months ended in Jan. 2024 was HK$145.1 Mil.

Tak Lee Machinery Holdings Change In Receivables Historical Data

The historical data trend for Tak Lee Machinery Holdings'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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Tak Lee Machinery Holdings Change In Receivables Chart

Tak Lee Machinery Holdings Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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3.19

-71.85

52.15

6.55

-9.42

Tak Lee Machinery Holdings Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Change In Receivables	Get a 7-Day Free Trial													-	-	-	-	-

Tak Lee Machinery Holdings 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Tak Lee Machinery Holdings (HKSE:02102) 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.

Tak Lee Machinery Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	96.581	/	132.583	*	91
=	132.94

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

Tak Lee Machinery Holdings's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	45.278	-	64.531	+	0.75 * 96.581	+	0.5 * 183.901
=	145.1

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Tak Lee Machinery Holdings (HKSE:02102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tak Lee Machinery Holdings Ltd (HKSE:02102) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

D.D. 111, Lot No. 117, Sheung Che Village, Pat Heung, Yuen Long, New Territories, Hong Kong, HKG

Website

https://www.tlmc-hk.com

Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The company's operating segment includes Sales of heavy equipment and spare parts; Lease of heavy equipment and Maintenance and ancillary services. It generates maximum revenue from the Sales of heavy equipment and spare parts segment which includes trading of heavy equipment and spare parts in Hong Kong. Geographically, it derives revenue from Hong Kong.

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