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Midea Real Estate Holding (HKSE:03990) Change In Receivables : HK$0 Mil (TTM As of Jun. 2024)


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What is Midea Real Estate Holding Change In Receivables?

Midea Real Estate Holding's change in receivables for the quarter that ended in Jun. 2024 was HK$0 Mil. It means Midea Real Estate Holding's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Midea Real Estate Holding's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-4,729 Mil. It means Midea Real Estate Holding's Accounts Receivable increased by HK$4,729 Mil from Dec. 2022 to Dec. 2023 .

Midea Real Estate Holding's Accounts Receivable for the quarter that ended in Jun. 2024 was HK$2,194 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. Midea Real Estate Holding's Days Sales Outstanding for the six months ended in Jun. 2024 was 14.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Midea Real Estate Holding's liquidation value for the six months ended in Jun. 2024 was HK$-84,395 Mil.


Midea Real Estate Holding Change In Receivables Historical Data

The historical data trend for Midea Real Estate Holding'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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Midea Real Estate Holding Change In Receivables Chart

Midea Real Estate Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -9,367.72 -16,261.83 1,258.65 -136.64 -4,729.44

Midea Real Estate Holding Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Midea Real Estate Holding 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$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.


Midea Real Estate Holding  (HKSE:03990) 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.

Midea Real Estate Holding's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2194.081/27057.967*91
=14.80

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

Midea Real Estate Holding's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12444.734-141942.208+0.75 * 2194.081+0.5 * 86913.533
=-84,395

* 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.


Midea Real Estate Holding Change In Receivables Related Terms

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Midea Real Estate Holding Business Description

Traded in Other Exchanges
Address
No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates majority of the revenue.
Executives
He Jianfeng 2202 Interest of your spouse
He Xiangjian 2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited 2101 Beneficial owner
Lu Deyan 2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

Midea Real Estate Holding Headlines

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