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Global New Material International Holdings (HKSE:06616) Change In Receivables : HK$0 Mil (TTM As of Dec. 2023)


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What is Global New Material International Holdings Change In Receivables?

Global New Material International Holdings's change in receivables for the quarter that ended in Dec. 2023 was HK$0 Mil. It means Global New Material International Holdings's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Global New Material International Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was HK$2 Mil. It means Global New Material International Holdings's Accounts Receivable declined by HK$2 Mil from Dec. 2022 to Dec. 2023 .

Global New Material International Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$394 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. Global New Material International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 109.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global New Material International Holdings's liquidation value for the six months ended in Dec. 2023 was HK$2,759 Mil.


Global New Material International Holdings Change In Receivables Historical Data

The historical data trend for Global New Material 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.

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Global New Material International Holdings Change In Receivables Chart

Global New Material International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 25.09 -88.13 -59.72 -82.53 1.57

Global New Material International Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Global New Material 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 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.


Global New Material International Holdings  (HKSE:06616) 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.

Global New Material 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
=394.401/655.973*91
=109.73

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

Global New Material 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)
=3503.894-1170.493+0.75 * 394.401+0.5 * 259.575
=2,759

* 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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Global New Material International Holdings (HKSE:06616) Business Description

Traded in Other Exchanges
N/A
Address
No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600
Global New Material International Holdings Ltd is engaged in the production, research and development, and sales of pearlescent materials and synthetic mica. The materials are used in diverse applications and industries, including industrial coatings, plastics, textiles and leather, cosmetics, and automotive coatings. The company generates the majority of its revenue from the sale of pearlescent pigment products.
Executives
Wang Huan 2202 Interest of your spouse
Su Ertian 2201 Interest of corporation controlled by you
Guang Xi Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Gui Dong Dian Li Gu Fen You Xian Gong Si 2101 Beneficial owner
Guang Xi Guang Tou Zheng Run Fa Zhan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
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Guo Jia Kai Fa Yin Hang 2201 Interest of corporation controlled by you
You Ou Bi Tou Zi Guan Li Shang Hai You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Tou Zi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Guo Kai Jin Rong You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Yang Hui Jin Tou Zi You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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