Shanghai Conant Optical Co (HKSE:02276) Change In Receivables : HK$-91 Mil (TTM As of Dec. 2024)

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What is Shanghai Conant Optical Co Change In Receivables?

Shanghai Conant Optical Co's change in receivables for the quarter that ended in Dec. 2024 was HK$-34 Mil. It means Shanghai Conant Optical Co's Accounts Receivable increased by HK$34 Mil from Jun. 2024 to Dec. 2024 .

Shanghai Conant Optical Co's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-91 Mil. It means Shanghai Conant Optical Co's Accounts Receivable increased by HK$91 Mil from Dec. 2023 to Dec. 2024 .

Shanghai Conant Optical Co's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$380 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. Shanghai Conant Optical Co's Days Sales Outstanding for the six months ended in Dec. 2024 was 59.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shanghai Conant Optical Co's liquidation value for the six months ended in Dec. 2024 was HK$420 Mil.

Shanghai Conant Optical Co Change In Receivables Historical Data

The historical data trend for Shanghai Conant Optical 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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Shanghai Conant Optical Co Change In Receivables Chart

Shanghai Conant Optical Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-27.88

13.23

-57.65

-67.33

-90.53

Shanghai Conant Optical Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial						0.32	-47.31	-20.02	-57.43	-33.57

Shanghai Conant Optical 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-91 Mil.

Shanghai Conant Optical Co (HKSE:02276) 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.

Shanghai Conant Optical Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	379.944	/	1157.753	*	91
=	59.89

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

Shanghai Conant Optical Co'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)
=	692.411	-	857.583	+	0.75 * 379.944	+	0.5 * 600.947
=	420

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Shanghai Conant Optical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Conant Optical Co Ltd (HKSE:02276) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1-42 Lane 83 Hongxiang North Road, 4th Floor, Building 35, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.conantoptical.com.cn

Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The spectacle lenses are also tinted, coated, or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection, and anti-smudge. Geographically, the company generates a majority of its revenue from Mainland China and the rest from the Americas, Europe, Oceania, Africa, and Asia (except for mainland China).

Executives

Goertek (hongkong) Co., Limited	2101 Beneficial owner
Goertek Inc.	2201 Interest of corporation controlled by you
Fei Zhengxiang	2101 Beneficial owner

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