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Genes Tech Group Holdings Co (HKSE:08257) Change In Receivables : HK$0.0 Mil (TTM As of Dec. 2023)


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What is Genes Tech Group Holdings Co Change In Receivables?

Genes Tech Group Holdings Co's change in receivables for the quarter that ended in Dec. 2023 was HK$0.0 Mil. It means Genes Tech Group Holdings Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Genes Tech Group Holdings Co's change in receivables for the fiscal year that ended in Dec. 2023 was HK$11.8 Mil. It means Genes Tech Group Holdings Co's Accounts Receivable declined by HK$11.8 Mil from Dec. 2022 to Dec. 2023 .

Genes Tech Group Holdings Co's Accounts Receivable for the quarter that ended in Dec. 2023 was HK$45.0 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. Genes Tech Group Holdings Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Genes Tech Group Holdings Co's liquidation value for the three months ended in Dec. 2023 was HK$-125.1 Mil.


Genes Tech Group Holdings Co Change In Receivables Historical Data

The historical data trend for Genes Tech Group Holdings Co'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.

Genes Tech Group Holdings Co Change In Receivables Chart

Genes Tech Group Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.54 -14.23 25.86 -4.33 11.85

Genes Tech Group Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Genes Tech Group Holdings Co 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 quarterly data reported by the company within the most recent 12 months, which was HK$0.0 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.


Genes Tech Group Holdings Co  (HKSE:08257) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.044/56.223*91
=73.11

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

Genes Tech Group Holdings Co'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)
=37.67-324.19+0.75 * 45.044+0.5 * 255.225
=-125.1

* 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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Genes Tech Group Holdings Co (HKSE:08257) Business Description

Traded in Other Exchanges
N/A
Address
No. 80, Baotai 3rd Road, Hsinchu County, Zhubei City, TWN, 30244
Genes Tech Group Holdings Co Ltd is engaged in the business of Provision of turnkey solution and Trading of used semiconductor manufacturing equipment and parts. It generates prime revenue from the Provision of turnkey solution segment. The company offers turnkey solution of used SME and Parts to customers who need to alter and upgrade the semiconductors of production systems from time to time. The SME and parts supplied by the group include furnaces, clean tracks, and other related items, which are used at the front-end of the semiconductor manufacturing process, wafer fabrication, such as deposition, photoresist coating, and development. It has a business presence in Taiwan, the PRC, Singapore, the United States, Japan and other countries.

Genes Tech Group Holdings Co (HKSE:08257) Headlines

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