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China Yongda Automobiles Services Holdings (HKSE:03669) Change In Receivables : HK$758 Mil (TTM As of Dec. 2023)


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What is China Yongda Automobiles Services Holdings Change In Receivables?

China Yongda Automobiles Services Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$-343 Mil. It means China Yongda Automobiles Services Holdings's Accounts Receivable increased by HK$343 Mil from Jun. 2023 to Dec. 2023 .

China Yongda Automobiles Services Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$758 Mil. It means China Yongda Automobiles Services Holdings's Accounts Receivable declined by HK$758 Mil from Dec. 2022 to Dec. 2023 .

China Yongda Automobiles Services Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$1,075 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. China Yongda Automobiles Services Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Yongda Automobiles Services Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-14,363 Mil.


China Yongda Automobiles Services Holdings Change In Receivables Historical Data

The historical data trend for China Yongda Automobiles Services 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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China Yongda Automobiles Services Holdings Change In Receivables Chart

China Yongda Automobiles Services Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -316.58 888.68 -2,333.48 1,002.42 758.34

China Yongda Automobiles Services Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,360.99 2,344.22 -1,230.85 1,101.68 -343.34

China Yongda Automobiles Services 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$758 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.


China Yongda Automobiles Services Holdings  (HKSE:03669) 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.

China Yongda Automobiles Services 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
=1075.028/41272.185*91
=4.75

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

China Yongda Automobiles Services 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)
=2455.17-20010.247+0.75 * 1075.028+0.5 * 4772.326
=-14,363

* 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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China Yongda Automobiles Services Holdings (HKSE:03669) Business Description

Traded in Other Exchanges
Address
The Center, 99 Queen’s Road Central, Unit 5708, 57th Floor, Central, Hong Kong, HKG
China Yongda Automobiles Services Holdings Ltd is a Chinese company involved in automobile sales service, automobile finance, and automobile rental. The company's reportable segments are as follows, 1) Passenger vehicle sales and services which includes the sale of passenger vehicles and provision of after-sales services, including repair and maintenance services, certain auxiliary passenger vehicles sales-related services and provision of other passenger vehicles-related services; and 2) Automobile operating lease services. The majority of the company's revenue is earned through the Passenger vehicle sales and services segment.

China Yongda Automobiles Services Holdings (HKSE:03669) Headlines

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