Maiyue Technology (HKSE:02501) Change In Receivables : HK$-211.7 Mil (TTM As of Dec. 2023)

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What is Maiyue Technology Change In Receivables?

Maiyue Technology's change in receivables for the quarter that ended in Dec. 2023 was HK$-211.7 Mil. It means Maiyue Technology's Accounts Receivable increased by HK$211.7 Mil from Dec. 2022 to Dec. 2023 .

Maiyue Technology's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-211.7 Mil. It means Maiyue Technology's Accounts Receivable increased by HK$211.7 Mil from Dec. 2022 to Dec. 2023 .

Maiyue Technology's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$353.7 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. Maiyue Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 227.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maiyue Technology's liquidation value for the six months ended in Dec. 2023 was HK$11.4 Mil.

Maiyue Technology Change In Receivables Historical Data

The historical data trend for Maiyue Technology'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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Maiyue Technology Change In Receivables Chart

Maiyue Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-73.85

-96.80

-50.61

-211.72

Maiyue Technology Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Change In Receivables	-73.85	-96.80	-50.61	-211.72

Maiyue Technology 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-211.7 Mil.

Maiyue Technology (HKSE:02501) 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.

Maiyue Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	353.684	/	283.382	*	91
=	227.77

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

Maiyue Technology'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)
=	52.291	-	307.81	+	0.75 * 353.684	+	0.5 * 3.235
=	11.4

Maiyue Technology Change In Receivables Related Terms

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Maiyue Technology (HKSE:02501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Gehai Road, Room 806, 8th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN

Website

http://www.maiyuesoft.com

Maiyue Technology Ltd is an integrated IT solutions services provider in the education and government IT solutions markets in Guangxi. It primarily focuses on the provision of customized integrated IT solutions services to customers in the education sector, primarily offline formal public education institutions, for the purpose of digitalized campus development. It aims to utilize technologies in its products and services to assist education institutions in opening up and connecting different departments, functions and facilities of campus in a single platform, realizing the integration and utilization of data from multiple sources, which improves the overall campus experience and effectiveness of teaching and learning.

Executives

Deep Blue Ocean Electronics Technology Limited	2101 Beneficial owner
Deng Caidie	2201 Interest of corporation controlled by you
He Deling	2202 Interest of your spouse
Kong Xiaoyan	2202 Interest of your spouse
Li Changqing	2201 Interest of corporation controlled by you
Wang Yufei	2201 Interest of corporation controlled by you
Xu Tao	2202 Interest of your spouse
Yang Zihan	2202 Interest of your spouse
Zhang Guangbai	2201 Interest of corporation controlled by you
Canwest Profits Limited	2101 Beneficial owner
Ng Ling Ling	2202 Interest of your spouse
Chan Eong Liat Jason	2201 Interest of corporation controlled by you
Koh Lik Ching	2202 Interest of your spouse
Million Oak Limited	2101 Beneficial owner
Ye Shanmin	2201 Interest of corporation controlled by you

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