Plus Group Holdings (HKSE:02486) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)

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What is Plus Group Holdings Change In Receivables?

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

Plus Group Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$101.7 Mil. It means Plus Group Holdings's Accounts Receivable declined by HK$101.7 Mil from Dec. 2022 to Dec. 2023 .

Plus Group Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$302.3 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. Plus Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 165.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Plus Group Holdings's liquidation value for the six months ended in Dec. 2023 was HK$267.3 Mil.

Plus Group Holdings Change In Receivables Historical Data

The historical data trend for Plus Group 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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Plus Group Holdings Change In Receivables Chart

Plus Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-76.92

-48.78

44.15

101.75

Plus Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

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

Plus Group Holdings (HKSE:02486) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	302.261	/	332.371	*	91
=	165.97

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

Plus Group Holdings'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)
=	248.534	-	207.937	+	0.75 * 302.261	+	0.5 * 0
=	267.3

Plus Group Holdings Change In Receivables Related Terms

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Plus Group Holdings (HKSE:02486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (HKSE:02486) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN

Website

https://www.plscn.com

Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on market-leading FMCG brand owners. Its services aim at digitalizing and systemizing offline commerce. The company offers four types of services, including (i) on-site solution; (ii) field force assignment; (iii) matching service; and (iv) SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the On-site solution services. The on-site solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.

Executives

Sun Guangjun	2201 Interest of corporation controlled by you
Tan Hui	2202 Interest of your spouse
Trident Trust Company (hk) Limited	2301 Trustee
Guangjun Holdings Limited	2101 Beneficial owner
Summit Plus International Holding Limited	2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited	2101 Beneficial owner
Junshu Holdings Limited	2201 Interest of corporation controlled by you
Xia Jingtang	2201 Interest of corporation controlled by you
Yan Xiaohang	2202 Interest of your spouse
Kuwei Holdings Limited	2101 Beneficial owner
Cmb Wing Lung (trustee) Limited	2301 Trustee
Plus Group 2023 Limited	2101 Beneficial owner
Hannah Xia Holdings Limited	2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited	2201 Interest of corporation controlled by you

Plus Group Holdings (HKSE:02486) Headlines

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