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Far East Horizon (HKSE:03360) Change In Receivables : HK$1,745 Mil (TTM As of Dec. 2024)


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What is Far East Horizon Change In Receivables?

Far East Horizon's change in receivables for the quarter that ended in Dec. 2024 was HK$6,412 Mil. It means Far East Horizon's Accounts Receivable declined by HK$6,412 Mil from Jun. 2024 to Dec. 2024 .

Far East Horizon's change in receivables for the fiscal year that ended in Dec. 2024 was HK$1,783 Mil. It means Far East Horizon's Accounts Receivable declined by HK$1,783 Mil from Dec. 2023 to Dec. 2024 .

Far East Horizon's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$0 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. Far East Horizon's Days Sales Outstanding for the six months ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Far East Horizon's liquidation value for the six months ended in Dec. 2024 was HK$-297,845 Mil.


Far East Horizon Change In Receivables Historical Data

The historical data trend for Far East Horizon'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.

Far East Horizon Change In Receivables Chart

Far East Horizon Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36,891.71 -33,311.85 -17,659.15 -3,049.99 1,783.32

Far East Horizon Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,407.92 -11,585.08 8,535.07 -4,667.04 6,411.90

Far East Horizon 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$1,745 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.


Far East Horizon  (HKSE:03360) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/21046.824*91
=0.00

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

Far East Horizon'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)
=25312.076-323411.598+0.75 * 0+0.5 * 509.015
=-297,845

* 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.


Far East Horizon Change In Receivables Related Terms

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Far East Horizon Business Description

Traded in Other Exchanges
Address
9 Yaojiang Road, Far East Horizon Plaza, Pudong New Area, Shanghai, CHN
Far East Horizon Ltd is a specialty finance provider. Its service offerings include financial leasing and advisory, hospital investment and operation, equipment operation services, trading, and brokerage services as well as engineering management services, etc. The company operates in two segments; Financial, lease and advisory, and Industrial operation and management. A majority of its revenue is generated from the Financial, lease and advisory segment, which is engaged in providing direct finance leasing, sale-leaseback, factoring, entrusted loans, operating leases and sale of related equipment and materials, advisory services, and construction services. Geographically, the company derives maximum revenue from Mainland China, followed by Hong Kong and other locations.
Executives
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
Ubs Group Ag 2201 Interest of corporation controlled by you
Kong Fanxing 2101 Beneficial owner
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Cathay Financial Holding Co., Ltd. 2101 Beneficial owner
Zhong Hua Zi Ben Tou Zi Guan Li Xiang Gang You Xian Gong Si 2101 Beneficial owner
Idea Prosperous Limited 2501 Other
Cantrust (far East) Limited
Gold Stone Enterprise Limited
Wolhardt Julian Juul 2201 Interest of corporation controlled by you
Capital Rise Limited 2101 Beneficial owner
Dcp, Ltd. 2201 Interest of corporation controlled by you
Dcp General Partner, Ltd 2201 Interest of corporation controlled by you
Dcp Capital Partners, L.p. 2201 Interest of corporation controlled by you
Capital Bridge Limited 2201 Interest of corporation controlled by you

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