China Ocean Group Development (HKSE:08047) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2024)

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What is China Ocean Group Development Change In Receivables?

China Ocean Group Development's change in receivables for the quarter that ended in Sep. 2024 was HK$0.0 Mil. It means China Ocean Group Development's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

China Ocean Group Development's change in receivables for the fiscal year that ended in Mar. 2024 was HK$0.0 Mil. It means China Ocean Group Development's Accounts Receivable stayed the same from Mar. 2023 to Mar. 2024 .

China Ocean Group Development's Accounts Receivable for the quarter that ended in Sep. 2024 was HK$532.6 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Ocean Group Development's liquidation value for the three months ended in Sep. 2024 was HK$-363.1 Mil.

China Ocean Group Development Change In Receivables Historical Data

The historical data trend for China Ocean Group Development'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 Ocean Group Development Change In Receivables Chart

China Ocean Group Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-98.56

-105.40

-110.05

23.00

China Ocean Group Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Ocean Group Development 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

China Ocean Group Development (HKSE:08047) 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 Ocean Group Development's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	532.554	/	0	*	91
=

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

China Ocean Group Development's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.133	-	764.382	+	0.75 * 532.554	+	0.5 * 3.403
=	-363.1

China Ocean Group Development Change In Receivables Related Terms

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China Ocean Group Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Ocean Group Development Ltd (HKSE:08047) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Wan Chai, Room 03, 22nd Floor, China Resources Building, Hong Kong, HKG

Website

http://www.chinaoceangroup.com.hk

China Ocean Group Development Ltd operates as a holding company. It is engaged in various business segments that are Supply Chain Management Segment services business, which provides services involving the planning and implementation of an integrated solution for the effective flow of business, logistic, information and funds; and Money Lending, which provides money lending services. The Ocean fishing segment which provides fishing and catching business in open sea beyond the coastal region. The Supply Chain Management services business segment generates maximum revenue for the company. Geographically, the company offers its services to Hong Kong and China.

Executives

Liu Yi	2101 Beneficial owner
Jing Peng Xin He (hong Kong) Limited	2101 Beneficial owner
Shenzhqn Jing Peng Xin Trade Co Ltd	2101 Beneficial owner
Chen Quan	2101 Beneficial owner

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