Reach New Holdings (HKSE:08471) Change In Receivables : HK$0.00 Mil (TTM As of Dec. 2024)

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What is Reach New Holdings Change In Receivables?

Reach New Holdings's change in receivables for the quarter that ended in Dec. 2024 was HK$0.00 Mil. It means Reach New Holdings's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Reach New Holdings's change in receivables for the fiscal year that ended in Dec. 2024 was HK$-5.58 Mil. It means Reach New Holdings's Accounts Receivable increased by HK$5.58 Mil from Dec. 2023 to Dec. 2024 .

Reach New Holdings's Accounts Receivable for the quarter that ended in Dec. 2024 was HK$18.90 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. Reach New Holdings's liquidation value for the three months ended in Dec. 2024 was HK$20.13 Mil.

Reach New Holdings Change In Receivables Historical Data

The historical data trend for Reach New 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.

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Reach New Holdings Change In Receivables Chart

Reach New Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-5.29

-0.25

4.46

-2.37

-5.58

Reach New Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Reach New 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 Mil.

Reach New Holdings (HKSE:08471) 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.

Reach New Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.903	/	0	*	91
=

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

Reach New Holdings's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.487	-	18.099	+	0.75 * 18.903	+	0.5 * 3.122
=	20.13

Reach New Holdings Change In Receivables Related Terms

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Reach New Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Reach New Holdings Ltd (HKSE:08471) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

No. 6 Taihao Road, Sun Tin Lun Industrial Centre, Sandong Digital Industrial Park, Sandong Town, Guangdong Province, Huizhou, CHN

Website

http://www.sthl.com.hk

Reach New Holdings Ltd is a labelling solution provider and a one-stop garment accessories manufacturer and supplier based in China. The company is mainly engaged in the production of three types of products, which are Printed products such as hangtags, price tags and stickers; Woven labels such as woven brand labels, woven size labels and badges; and Printed labels such as printed brand labels, printed size labels and care content labels. The group's operations are located in the PRC.

Executives

Sha Xuanyi
Li Rongsheng
Lam Cheung Chuen
Neo Concept Holdings Limited	2101 Beneficial owner
Wong Ching Yuk	2202 Interest of your spouse

Reach New Holdings Headlines

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