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HG Semiconductor (HKSE:06908) Change In Receivables : HK$-8.05 Mil (TTM As of Dec. 2024)


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What is HG Semiconductor Change In Receivables?

HG Semiconductor's change in receivables for the quarter that ended in Dec. 2024 was HK$1.21 Mil. It means HG Semiconductor's Accounts Receivable declined by HK$1.21 Mil from Jun. 2024 to Dec. 2024 .

HG Semiconductor's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-7.97 Mil. It means HG Semiconductor's Accounts Receivable increased by HK$7.97 Mil from Dec. 2023 to Dec. 2024 .

HG Semiconductor's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$57.94 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. HG Semiconductor's Days Sales Outstanding for the six months ended in Dec. 2024 was 241.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HG Semiconductor's liquidation value for the six months ended in Dec. 2024 was HK$65.98 Mil.


HG Semiconductor Change In Receivables Historical Data

The historical data trend for HG Semiconductor'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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HG Semiconductor Change In Receivables Chart

HG Semiconductor 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 23.51 24.40 20.68 7.93 -7.97

HG Semiconductor Semi-Annual Data
Dec14 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 22.18 -16.39 24.32 -9.26 1.21

HG Semiconductor 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$-8.05 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.


HG Semiconductor  (HKSE:06908) 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.

HG Semiconductor's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57.939/43.807*91
=241.37

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

HG Semiconductor'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)
=46.348-55.332+0.75 * 57.939+0.5 * 63.012
=65.98

* 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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HG Semiconductor Business Description

Traded in Other Exchanges
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Address
No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.
Executives
Wide Yield Investment Holding Limited 2101 Beneficial owner
Qin Anqi 2201 Interest of corporation controlled by you
Zhan Haisu 2201 Interest of corporation controlled by you
Jovial Star International Limited 2101 Beneficial owner
Zhuang Chan Ling 2202 Interest of your spouse
Zhao Yi Wen 2201 Interest of corporation controlled by you
First Global Limited 2101 Beneficial owner
Qin Xiaolu 2101 Beneficial owner
Profit Times International Limited 2201 Interest of corporation controlled by you
Zhu Gongshan 2201 Interest of corporation controlled by you
Profit Act Limited 2101 Beneficial owner
Chiu Kwok Hung Justin 2101 Beneficial owner
Chiu Kwai San 2201 Interest of corporation controlled by you
Wong Ching Ming 2202 Interest of your spouse
Bigfair Enterprises Limited 2101 Beneficial owner

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