SMC Electric (HKSE:02381) Change In Receivables : HK$0.0 Mil (TTM As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is SMC Electric Change In Receivables?

SMC Electric's change in receivables for the quarter that ended in Jun. 2024 was HK$0.0 Mil. It means SMC Electric's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

SMC Electric's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-15.8 Mil. It means SMC Electric's Accounts Receivable increased by HK$15.8 Mil from Dec. 2022 to Dec. 2023 .

SMC Electric's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$69.7 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. SMC Electric's Days Sales Outstanding for the six months ended in Jun. 2024 was 102.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMC Electric's liquidation value for the six months ended in Jun. 2024 was HK$98.3 Mil.

SMC Electric Change In Receivables Historical Data

The historical data trend for SMC Electric'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.

* Premium members only.

SMC Electric Change In Receivables Chart

SMC Electric Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-47.13

5.51

6.08

23.26

-15.79

SMC Electric Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial									-	-	-	-	-

SMC Electric 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

SMC Electric (HKSE:02381) 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.

SMC Electric's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	69.74	/	123.92	*	91
=	102.71

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

SMC Electric's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	90.317	-	54.284	+	0.75 * 69.74	+	0.5 * 19.892
=	98.3

SMC Electric Change In Receivables Related Terms

Thank you for viewing the detailed overview of SMC Electric's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

SMC Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SMC Electric Ltd (HKSE:02381) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Lee Chung Street, 1st Floor, Shell Industrial Building, Chai Wan, Hong Kong, HKG

Website

http://www.smcelectric.com.hk

SMC Electric Ltd is engaged in manufacturing and selling of electric tools and sourcing and selling of electric fans. The company sells a wide variety of products including, fans such as Ceiling fans, Wall-mounted fans, Stand up fans, Cordless fans and Orbital fans, Work lights, Vacuum cleaners and other electric tools. The operating segments of the group are SMC segment and Non-SMC segment. It derives key revenue from the Non-SMC segment which involves the development, designing, manufacturing and trading of electric tools and electric fans to customers under their respective brands. The group derives revenue from the Americas, Europe, Oceania, Africa and Asia.

Executives

Red Dynasty Investments Limited	2201 Interest of corporation controlled by you
Yung Kwok Kee Billy	2201 Interest of corporation controlled by you
Claudio Holdings Limited	2201 Interest of corporation controlled by you
Creator Holdings Limited	2201 Interest of corporation controlled by you
Hkc (holdings) Limited	2201 Interest of corporation controlled by you
Hong Kong Construction (hong Kong) Limited	2101 Beneficial owner
Oei Kang, Eric	2201 Interest of corporation controlled by you
Shell Electric Holdings Ltd	2101 Beneficial owner
Hsu Vivian	2202 Interest of your spouse

SMC Electric Headlines

No Headlines