Leading Holdings Group (HKSE:06999) Change In Receivables : HK$-22 Mil (TTM As of Dec. 2023)

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What is Leading Holdings Group Change In Receivables?

Leading Holdings Group's change in receivables for the quarter that ended in Dec. 2023 was HK$-18 Mil. It means Leading Holdings Group's Accounts Receivable increased by HK$18 Mil from Jun. 2023 to Dec. 2023 .

Leading Holdings Group's change in receivables for the fiscal year that ended in Dec. 2023 was HK$-22 Mil. It means Leading Holdings Group's Accounts Receivable increased by HK$22 Mil from Dec. 2022 to Dec. 2023 .

Leading Holdings Group's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$45 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. Leading Holdings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Leading Holdings Group's liquidation value for the six months ended in Dec. 2023 was HK$-21,323 Mil.

Leading Holdings Group Change In Receivables Historical Data

The historical data trend for Leading Holdings Group'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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Leading Holdings Group Change In Receivables Chart

Leading Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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48.31

-38.53

9.83

45.66

-22.01

Leading Holdings Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial							24.54	22.29	-4.48	-17.53	-

Leading Holdings Group 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$-22 Mil.

Leading Holdings Group (HKSE:06999) 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.

Leading Holdings Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.208	/	12543.993	*	91
=	0.66

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

Leading Holdings Group'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)
=	1435.327	-	34357.66	+	0.75 * 45.208	+	0.5 * 23131.267
=	-21,323

Leading Holdings Group Change In Receivables Related Terms

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Leading Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leading Holdings Group Ltd (HKSE:06999) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, Leading International Finance Center, 46th Floor, Tower A, Gaoxin District, Sichuan Province, Chengdu, CHN

Website

https://www.leading-group.com

Leading Holdings Group Ltd is focused on the development and sale of residential and commercial properties. In addition, the group holds a portion of commercial properties for investment purpose and are engaged in the hotel management business. Further, it also provides project management services. It operates in three segments: Property development, Commercial property investment, and operations, and Hotel operations, of which the majority of its revenue comes from the Property development segment. Its operations are conducted in Mainland China.

Executives

Liu Yuhui	2201 Interest of corporation controlled by you
Chen Ao Ao	2202 Interest of your spouse
Hou Sanli	2201 Interest of corporation controlled by you
Lan Tian	2202 Interest of your spouse
Liu Ce	2201 Interest of corporation controlled by you
Liu Haowei	2201 Interest of corporation controlled by you
Liu Shan	2202 Interest of your spouse
Liu Yuqi	2202 Interest of your spouse
Long Yiqin	2201 Interest of corporation controlled by you
Wang Tao	2201 Interest of corporation controlled by you
Jin Sha Jiang Holding Limited	2101 Beneficial owner
Yue Lai Investment Limited	2101 Beneficial owner
Ling Yue Capital Holding Limited	2101 Beneficial owner
Yuan Di Capital Limited	2101 Beneficial owner

Leading Holdings Group Headlines

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