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Carote (HKSE:02549) Change In Receivables : HK$-13 Mil (TTM As of Dec. 2024)


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What is Carote Change In Receivables?

Carote's change in receivables for the quarter that ended in Dec. 2024 was HK$-13 Mil. It means Carote's Accounts Receivable increased by HK$13 Mil from Dec. 2023 to Dec. 2024 .

Carote's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-13 Mil. It means Carote's Accounts Receivable increased by HK$13 Mil from Dec. 2023 to Dec. 2024 .

Carote's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$92 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. Carote's Days Sales Outstanding for the six months ended in Dec. 2024 was 7.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carote's liquidation value for the six months ended in Dec. 2024 was HK$890 Mil.

Carote Change In Receivables Historical Data

The historical data trend for Carote'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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Carote Change In Receivables Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Change In Receivables
-18.46 7.65 -20.44 -12.88

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Change In Receivables -18.46 7.65 -20.44 -12.88

Carote 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. 2024 was HK$-13 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.

Carote  (HKSE:02549) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=91.579/2213.552*91
=7.55

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

Carote'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)
=1236.148-497.608+0.75 * 91.579+0.5 * 165.328
=890

* 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.

Carote Change In Receivables Related Terms

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Carote Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Carote Ltd (HKSE:02549) » Definitions » Change In Receivables
Comparable Companies
HKSE:02519 HKSE:01868 HKSE:00776 HKSE:01198 HKSE:01418 HKSE:00496 HKSE:00229 HKSE:02222 HKSE:06822 HKSE:00684 SZSE:000333 SZSE:000651 SHSE:600690 TSE:9843 SGI SN SHSE:605117 MHK SHSE:600839 SZSE:002032
Traded in Other Exchanges
N/A
Address
Shanshui Shidai Building, 21st Floor, Tower 2, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.mycarote.com
Carote Ltd is a brand for kitchenware products. Its products are built to emphasize Better for Use and Better for Value, aiming to provide its customers with practical, well-designed, and reasonably priced items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware products to consumers. From essential pots and pans to well-designed tableware and beverage containers, its offerings aim to meet the varied needs of different kitchen scenarios and enhance the culinary experience of its customers.
Executives
Guodong Capital Ltd 2201 Interest of corporation controlled by you
Zhang Guodong 2201 Interest of corporation controlled by you
Lyu Yili 2201 Interest of corporation controlled by you
Yili Capital Ltd 2201 Interest of corporation controlled by you
Yili Investment Holdings Ltd 2101 Beneficial owner

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