Ronshine Service Holding Co (HKSE:02207) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Ronshine Service Holding Co Change In Receivables?

Ronshine Service Holding Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Ronshine Service Holding Co's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Ronshine Service Holding Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-147.8 Mil. It means Ronshine Service Holding Co's Accounts Receivable increased by HK$147.8 Mil from Dec. 2022 to Dec. 2023 .

Ronshine Service Holding Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$370.9 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. Ronshine Service Holding Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 133.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ronshine Service Holding Co's liquidation value for the six months ended in Dec. 2023 was HK$460.8 Mil.

Ronshine Service Holding Co Change In Receivables Historical Data

The historical data trend for Ronshine Service Holding 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.

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Ronshine Service Holding Co Change In Receivables Chart

Ronshine Service Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-100.28

91.53

-261.90

-145.04

-147.76

Ronshine Service Holding Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-	-	-	-	-

Ronshine Service Holding 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

Ronshine Service Holding Co (HKSE:02207) 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.

Ronshine Service Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	370.856	/	506.576	*	91
=	133.61

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

Ronshine Service Holding Co'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)
=	822.306	-	640.564	+	0.75 * 370.856	+	0.5 * 1.901
=	460.8

Ronshine Service Holding Co Change In Receivables Related Terms

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Ronshine Service Holding Co (HKSE:02207) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Lane 226 Panyang Road, Room 401-3, Building No. 6, Minhang District, Shanghai, CHN

Website

http://www.rxswy.com

Ronshine Service Holding Co Ltd is principally engaged in the provision of property management services and related value-added services, including pre-delivery services, household assistance services, sales services, and other services in China. The company derives a majority of its revenue from the People's Republic of China.

Executives

Ou Zonghong	2307 Founder of a discretionary trust who can infl
Hsbc International Trustee Limited	2301 Trustee
Rongan Juxiang Co., Ltd	2201 Interest of corporation controlled by you
Rongxin Yipin Co., Ltd	2101 Beneficial owner
Fumei International Co., Ltd	2101 Beneficial owner

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