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China Aluminum Cans Holdings (HKSE:06898) Change In Receivables : HK$2.9 Mil (TTM As of Dec. 2024)


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What is China Aluminum Cans Holdings Change In Receivables?

China Aluminum Cans Holdings's change in receivables for the quarter that ended in Dec. 2024 was HK$0.8 Mil. It means China Aluminum Cans Holdings's Accounts Receivable declined by HK$0.8 Mil from Jun. 2024 to Dec. 2024 .

China Aluminum Cans Holdings's change in receivables for the fiscal year that ended in Dec. 2024 was HK$2.9 Mil. It means China Aluminum Cans Holdings's Accounts Receivable declined by HK$2.9 Mil from Dec. 2023 to Dec. 2024 .

China Aluminum Cans Holdings's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$26.3 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 Aluminum Cans Holdings's Days Sales Outstanding for the six months ended in Dec. 2024 was 44.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Aluminum Cans Holdings's liquidation value for the six months ended in Dec. 2024 was HK$57.7 Mil.


China Aluminum Cans Holdings Change In Receivables Historical Data

The historical data trend for China Aluminum Cans 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 Aluminum Cans Holdings Change In Receivables Chart

China Aluminum Cans Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 -6.71 -13.62 1.18 2.88

China Aluminum Cans Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.79 -10.59 11.77 2.04 0.84

China Aluminum Cans 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$2.9 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 Aluminum Cans Holdings  (HKSE:06898) 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 Aluminum Cans Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.326/108.137*91
=44.43

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

China Aluminum Cans Holdings's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=48.932-26.069+0.75 * 26.326+0.5 * 30.186
=57.7

* 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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China Aluminum Cans Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Ya Bo Nan Road, National Health Technology Park of Zhongshan, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437
China Aluminum Cans Holdings Ltd is an investment holding company engaged in the design, development, manufacture, and sale of aluminum aerosol cans. The aluminum aerosol cans are generally used in the packaging of fast-moving personal care products such as body deodorant, hair styling products, and shaving cream, as well as pharmaceutical products, which are pain-relieving spray, spray dressing, and antiseptic spray. Its geographical segments are Africa, America, Asia and Mainland China of which the majority of its revenue comes from Mainland China.
Executives
Wellmass International Limited
Lin Wan Tsang
Ko Sau Mee 2202 Interest of your spouse

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