Huisen Shares Group (HKSE:02127) Change In Receivables : HK$-868 Mil (TTM As of Dec. 2023)

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What is Huisen Shares Group Change In Receivables?

Huisen Shares Group's change in receivables for the quarter that ended in Dec. 2023 was HK$-284 Mil. It means Huisen Shares Group's Accounts Receivable increased by HK$284 Mil from Jun. 2023 to Dec. 2023 .

Huisen Shares Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-868 Mil. It means Huisen Shares Group's Accounts Receivable increased by HK$868 Mil from Dec. 2022 to Dec. 2023 .

Huisen Shares Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,670 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. Huisen Shares Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 129.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huisen Shares Group's liquidation value for the six months ended in Dec. 2023 was HK$744 Mil.

Huisen Shares Group Change In Receivables Historical Data

The historical data trend for Huisen Shares 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.

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Huisen Shares Group Change In Receivables Chart

Huisen Shares Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-190.96

-169.32

-122.42

567.37

-868.00

Huisen Shares Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial								577.42	17.29	-584.01	-283.99	-

Huisen Shares 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-868 Mil.

Huisen Shares Group (HKSE:02127) 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.

Huisen Shares Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1669.681	/	2361.097	*	91
=	129.06

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

Huisen Shares Group'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)
=	521.027	-	1509.103	+	0.75 * 1669.681	+	0.5 * 960.072
=	744

Huisen Shares Group Change In Receivables Related Terms

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Huisen Shares Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Huisen Shares Group Ltd (HKSE:02127) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huisen Road, Daluo Industrial Park, Longnan Economic Technology Development Zone, Jiangxi Province, Longnan, CHN

Website

http://www.jxhmgroup.com

Huisen Household International Group Ltd is principally engaged in the manufacturing and selling of panel-type furniture, upholstered furniture, sport-type furniture, customized furniture, and furniture ornaments. The company offers comprehensive manufacturing solutions to its customers, with the capabilities to design, develop and manufacture functional and economical panel furniture, upholstered furniture, and other furniture such as outdoor furniture and sports and recreational equipment. The company is also engaged in the manufacture and sale of hardware furniture and furniture ornaments. The company generates the majority of its revenue from panel-type furniture.

Executives

Pure Cypress Limited	2101 Beneficial owner
Zeng Ming	2201 Interest of corporation controlled by you
Zeng Ronghua	2202 Interest of your spouse
Goh Siok Teng	2201 Interest of corporation controlled by you
Yggies World Pte. Ltd.	2101 Beneficial owner
Kwok Hong Yiew	2201 Interest of corporation controlled by you
Kwok Properties Pte. Ltd.	2101 Beneficial owner

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