Wealth Glory Holdings (HKSE:08269) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Wealth Glory Holdings Change In Receivables?

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

Wealth Glory Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-16.91 Mil. It means Wealth Glory Holdings's Accounts Receivable increased by HK$16.91 Mil from Mar. 2022 to Mar. 2023 .

Wealth Glory Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$29.52 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. Wealth Glory Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 527.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wealth Glory Holdings's liquidation value for the three months ended in Sep. 2023 was HK$-12.19 Mil.

Wealth Glory Holdings Change In Receivables Historical Data

The historical data trend for Wealth Glory 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.

Wealth Glory Holdings Change In Receivables Chart

Wealth Glory Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

-1.38

-13.87

1.42

0.90

-16.91

Wealth Glory 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															-	-	-	-	-

Wealth Glory 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$0.00 Mil.

Wealth Glory Holdings (HKSE:08269) 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.

Wealth Glory 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
=	29.521	/	5.106	*	91
=	527.57

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

Wealth Glory 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)
=	6.179	-	42.209	+	0.75 * 29.521	+	0.5 * 3.399
=	-12.19

Wealth Glory Holdings Change In Receivables Related Terms

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

Wealth Glory Holdings (HKSE:08269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838

Website

http://www.wealthglory.com

Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.

Executives

Shan Zumao

2202 Interest of your spouse

Wealth Glory Holdings (HKSE:08269) Headlines

No Headlines