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Xinji Shaxi Group Co (HKSE:03603) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Xinji Shaxi Group Co Change In Receivables?

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

Xinji Shaxi Group Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$5.8 Mil. It means Xinji Shaxi Group Co's Accounts Receivable declined by HK$5.8 Mil from Dec. 2022 to Dec. 2023 .

Xinji Shaxi Group Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$60.0 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. Xinji Shaxi Group Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 69.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xinji Shaxi Group Co's liquidation value for the six months ended in Dec. 2023 was HK$-1,140.7 Mil.


Xinji Shaxi Group Co Change In Receivables Historical Data

The historical data trend for Xinji Shaxi Group Co'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.

Xinji Shaxi Group Co Change In Receivables Chart

Xinji Shaxi Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 20.39 -78.54 -14.51 -1.89 5.78

Xinji Shaxi Group Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Xinji Shaxi Group Co 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.

* 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.


Xinji Shaxi Group Co  (HKSE:03603) 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.

Xinji Shaxi Group Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=60.025/157.801*91
=69.42

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

Xinji Shaxi Group Co'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)
=561.121-1748.454+0.75 * 60.025+0.5 * 3.166
=-1,140.7

* 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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Xinji Shaxi Group Co (HKSE:03603) Business Description

Traded in Other Exchanges
N/A
Address
136–138 Austin Road, 3/F Golden Gate Commercial Building, Rooms 301–303, Tsim Sha Tsui, Kowloon, HKG
Xinji Shaxi Group Co Ltd is engaged in managing owned and leased portfolio shopping mall which derives revenue from leasing floor areas to the tenants and providing comprehensive and continuous operation and management support to them in the PRC. It operates and manages hospitality supplies and home furnishing shopping malls, exhibition management services, and online shopping malls. The company has two operating segments which are Property leasing and Property management services of which it generates the majority of its revenue from Property leasing. Geographically the company operates in Hong Kong and the People's Republic of China.
Executives
Huang Wanyi
Mei Zuoting
Weixin Development Overseas Limited
Zhang Weixin
Zuoting Investment Limited
Cheung Hon Chuen
Honchuen Investment Limited
Lin Yi 2201 Interest of corporation controlled by you
Al Capital Holdings International Pte. Ltd. 2201 Interest of corporation controlled by you
Straits Universal Limited 2201 Interest of corporation controlled by you
Al Capital Funds Vcc For A/c Of Al Capital Global Opportunities Fund 2102 Investment manager
Honchuen Investment Limited 2101 Beneficial owner
Zhanpeng Investment (hongkong) Company Limited 2101 Beneficial owner
Huiqun Investment Limited 2101 Beneficial owner

Xinji Shaxi Group Co (HKSE:03603) Headlines

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