EFT Solutions Holdings (HKSE:08062) Change In Receivables : HK$0.0 Mil (TTM As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is EFT Solutions Holdings Change In Receivables?

EFT Solutions Holdings's change in receivables for the quarter that ended in Sep. 2023 was HK$0.0 Mil. It means EFT Solutions Holdings's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

EFT Solutions Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$8.8 Mil. It means EFT Solutions Holdings's Accounts Receivable declined by HK$8.8 Mil from Mar. 2022 to Mar. 2023 .

EFT Solutions Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$33.5 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. EFT Solutions Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 104.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EFT Solutions Holdings's liquidation value for the three months ended in Sep. 2023 was HK$76.5 Mil.

EFT Solutions Holdings Change In Receivables Historical Data

The historical data trend for EFT Solutions 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.

* Premium members only.

EFT Solutions Holdings Change In Receivables Chart

EFT Solutions Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

16.80

-21.11

10.39

-5.78

8.77

EFT Solutions Holdings 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															-	-	-	-	-

EFT Solutions 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.0 Mil.

EFT Solutions Holdings (HKSE:08062) 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.

EFT Solutions Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33.473	/	29.174	*	91
=	104.70

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

EFT Solutions Holdings'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)
=	72.552	-	25.368	+	0.75 * 33.473	+	0.5 * 8.355
=	76.5

EFT Solutions Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of EFT Solutions Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

EFT Solutions Holdings (HKSE:08062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EFT Solutions Holdings Ltd (HKSE:08062) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.eftsolutions.com

EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.

Executives

Lam Ching Man	2202 Interest of your spouse
Lo Chun Kit Andrew	2101 Beneficial owner
Lck Group Limited	2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

No Headlines