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TradeGo FinTech (HKSE:08017) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)


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What is TradeGo FinTech Change In Receivables?

TradeGo FinTech's change in receivables for the quarter that ended in Sep. 2023 was HK$0.00 Mil. It means TradeGo FinTech's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

TradeGo FinTech's change in receivables for the fiscal year that ended in Mar. 2023 was HK$0.97 Mil. It means TradeGo FinTech's Accounts Receivable declined by HK$0.97 Mil from Mar. 2022 to Mar. 2023 .

TradeGo FinTech's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$14.93 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. TradeGo FinTech's Days Sales Outstanding for the three months ended in Sep. 2023 was 88.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TradeGo FinTech's liquidation value for the three months ended in Sep. 2023 was HK$55.96 Mil.


TradeGo FinTech Change In Receivables Historical Data

The historical data trend for TradeGo FinTech'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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TradeGo FinTech Change In Receivables Chart

TradeGo FinTech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial 0.60 1.05 -2.36 0.80 0.97

TradeGo FinTech Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

TradeGo FinTech 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 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.


TradeGo FinTech  (HKSE:08017) 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.

TradeGo FinTech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.929/15.441*91
=88.22

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

TradeGo FinTech's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=116.91-72.149+0.75 * 14.929+0.5 * 0
=55.96

* 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.


TradeGo FinTech Change In Receivables Related Terms

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TradeGo FinTech (HKSE:08017) Business Description

Traded in Other Exchanges
N/A
Address
3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.
Executives
Liao Jicheng 2101 Beneficial owner
Zhang Wenhua 2101 Beneficial owner
Ye Liqin 2202 Interest of your spouse
Lu Ximeng 2202 Interest of your spouse
Liu Xiaoming 2202 Interest of your spouse
Liu Yong 2401 A concert party to an agreement to buy shares
Chen Zhaoxia 2202 Interest of your spouse
Wan Yong 2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp 2101 Beneficial owner
Coast International Asset Management Limited 2102 Investment manager
Stand Tall International Limited 2201 Interest of corporation controlled by you
Xin Cheng International Limited 2101 Beneficial owner
Sbi China Capital Holdings Limited 2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited 2101 Beneficial owner
Probest Limited 2201 Interest of corporation controlled by you

TradeGo FinTech (HKSE:08017) Headlines

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