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Top Spring International Holdings (HKSE:03688) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Top Spring International Holdings Change In Receivables?

Top Spring International Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Top Spring International Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Top Spring International Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$210.5 Mil. It means Top Spring International Holdings's Accounts Receivable declined by HK$210.5 Mil from Dec. 2022 to Dec. 2023 .

Top Spring International Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$56.6 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. Top Spring International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 22.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Top Spring International Holdings's liquidation value for the six months ended in Dec. 2023 was HK$-8,057.1 Mil.


Top Spring International Holdings Change In Receivables Historical Data

The historical data trend for Top Spring International 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.

* Premium members only.

Top Spring International Holdings Change In Receivables Chart

Top Spring International 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 -158.75 -80.44 -129.82 -44.81 210.47

Top Spring International 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 - - - - -

Top Spring International 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$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.


Top Spring International Holdings  (HKSE:03688) 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.

Top Spring International 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
=56.612/455.65*91
=22.67

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

Top Spring International 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)
=668.029-11917.705+0.75 * 56.612+0.5 * 6300.247
=-8,057.1

* 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.


Top Spring International Holdings Change In Receivables Related Terms

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Top Spring International Holdings (HKSE:03688) Business Description

Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, Rooms 04-08, 26th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Top Spring International Holdings Ltd is an investment holding engaged in property development, property investment, property management and related services, and education-related services in the People's Republic of China. It generates the majority of its revenue from the Property development segment which develops and sells residential and commercial properties. Geographically company has a presence in China, Hong Kong, and Australia, with key revenue coming from China.

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