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Gushengtang Holdings (HKSE:02273) Change In Receivables : HK$-87 Mil (TTM As of Dec. 2024)


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What is Gushengtang Holdings Change In Receivables?

Gushengtang Holdings's change in receivables for the quarter that ended in Dec. 2024 was HK$-67 Mil. It means Gushengtang Holdings's Accounts Receivable increased by HK$67 Mil from Jun. 2024 to Dec. 2024 .

Gushengtang Holdings's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-87 Mil. It means Gushengtang Holdings's Accounts Receivable increased by HK$87 Mil from Dec. 2023 to Dec. 2024 .

Gushengtang Holdings's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$288 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. Gushengtang Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 29.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gushengtang Holdings's liquidation value for the six months ended in Dec. 2024 was HK$162 Mil.


Gushengtang Holdings Change In Receivables Historical Data

The historical data trend for Gushengtang 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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Gushengtang Holdings Change In Receivables Chart

Gushengtang Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial -17.61 -10.49 -8.49 -84.11 -87.17

Gushengtang Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.82 -23.20 -60.91 -20.60 -66.74

Gushengtang 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-87 Mil.

* 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.


Gushengtang Holdings  (HKSE:02273) 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.

Gushengtang Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=287.676/1769.558*91
=29.67

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

Gushengtang Holdings'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)
=1217.256-1366.442+0.75 * 287.676+0.5 * 191.641
=162

* 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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Gushengtang Holdings Business Description

Traded in Other Exchanges
Address
No. 419, Qingsha Road, Room 005, Dongchong Town, Nansha District, Guangzhou, CHN
Gushengtang Holdings Ltd is a traditional Chinese medicine (TCM) company. Through offline medical institutions and online healthcare platforms, it provides customers with a comprehensive range of TCM healthcare services and products to address diverse medical and healthcare management needs. As all of the Group's revenue is derived from the PRC.
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Tu Zhiliang 2501 Other
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