Finet Group (HKSE:08317) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Finet Group Change In Receivables?

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

Finet Group's change in receivables for the fiscal year that ended in Mar. 2023 was HK$-15.81 Mil. It means Finet Group's Accounts Receivable increased by HK$15.81 Mil from Mar. 2022 to Mar. 2023 .

Finet Group's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$10.34 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. Finet Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 186.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Finet Group's liquidation value for the three months ended in Sep. 2023 was HK$1.56 Mil.

Finet Group Change In Receivables Historical Data

The historical data trend for Finet Group'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.

Finet Group Change In Receivables Chart

Finet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

4.34

-6.52

-1.87

0.46

-15.81

Finet Group 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															-	-	-	-	-

Finet Group 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.

Finet Group (HKSE:08317) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.336	/	5.059	*	91
=	186.43

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

Finet Group'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)
=	11.539	-	17.731	+	0.75 * 10.336	+	0.5 * 0
=	1.56

Finet Group Change In Receivables Related Terms

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

Finet Group (HKSE:08317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finet Group Ltd (HKSE:08317) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, 30th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

http://ir.finet.hk/en

Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; Money Lending Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment involves in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.

Executives

Lo Yuk Yee	2101 Beneficial owner
Maxx Capital International Limited	2101 Beneficial owner
Pablos International Limited	2201 Interest of corporation controlled by you
Broadgain International Limited	2101 Beneficial owner
Lo Yuk Yee
Wang Yuan	2101 Beneficial owner

Finet Group (HKSE:08317) Headlines

No Headlines