CM Hi-Tech Cleanroom (HKSE:02115) Change In Receivables : HK$-50.8 Mil (TTM As of Dec. 2023)

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What is CM Hi-Tech Cleanroom Change In Receivables?

CM Hi-Tech Cleanroom's change in receivables for the quarter that ended in Dec. 2023 was HK$-53.2 Mil. It means CM Hi-Tech Cleanroom's Accounts Receivable increased by HK$53.2 Mil from Jun. 2023 to Dec. 2023 .

CM Hi-Tech Cleanroom's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-50.8 Mil. It means CM Hi-Tech Cleanroom's Accounts Receivable increased by HK$50.8 Mil from Dec. 2022 to Dec. 2023 .

CM Hi-Tech Cleanroom's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$84.3 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. CM Hi-Tech Cleanroom's Days Sales Outstanding for the six months ended in Dec. 2023 was 66.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CM Hi-Tech Cleanroom's liquidation value for the six months ended in Dec. 2023 was HK$43.7 Mil.

CM Hi-Tech Cleanroom Change In Receivables Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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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CM Hi-Tech Cleanroom Change In Receivables Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-69.66

-14.46

-64.70

-8.01

-50.83

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-67.51	-101.15	88.35	2.35	-53.17

CM Hi-Tech Cleanroom 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$-50.8 Mil.

CM Hi-Tech Cleanroom (HKSE:02115) 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.

CM Hi-Tech Cleanroom's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	84.339	/	232.333	*	91
=	66.25

2. In Ben Graham's calculation of liquidation value, CM Hi-Tech Cleanroom's accounts receivable are only considered to be worth 75% of book value:

CM Hi-Tech Cleanroom'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)
=	146.973	-	192.654	+	0.75 * 84.339	+	0.5 * 52.288
=	43.7

CM Hi-Tech Cleanroom Change In Receivables Related Terms

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CM Hi-Tech Cleanroom (HKSE:02115) Business Description

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Traded in Other Exchanges

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Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

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