Min Fu International Holding (HKSE:08511) Change In Receivables : HK$0.00 Mil (TTM As of Sep. 2023)

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What is Min Fu International Holding Change In Receivables?

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

Min Fu International Holding's change in receivables for the fiscal year that ended in Mar. 2023 was HK$0.86 Mil. It means Min Fu International Holding's Accounts Receivable declined by HK$0.86 Mil from Mar. 2022 to Mar. 2023 .

Min Fu International Holding's Accounts Receivable for the quarter that ended in Sep. 2023 was HK$11.28 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. Min Fu International Holding's Days Sales Outstanding for the three months ended in Sep. 2023 was 87.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Min Fu International Holding's liquidation value for the three months ended in Sep. 2023 was HK$-5.19 Mil.

Min Fu International Holding Change In Receivables Historical Data

The historical data trend for Min Fu International Holding'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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Min Fu International Holding Change In Receivables Chart

Min Fu International Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-10.00

1.29

-2.02

25.93

0.86

Min Fu International Holding 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															-	-	-	-	-

Min Fu International Holding 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.

Min Fu International Holding (HKSE:08511) 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.

Min Fu International Holding's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.28	/	11.739	*	91
=	87.68

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

Min Fu International Holding'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)
=	14.836	-	28.487	+	0.75 * 11.28	+	0.5 * 0
=	-5.19

Min Fu International Holding Change In Receivables Related Terms

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Min Fu International Holding (HKSE:08511) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN

Website

http://www.minfuintl.com

Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.

Executives

Huang Minzhi	2101 Beneficial owner
Huang Minfu	2101 Beneficial owner
Ho Chun Kit Gregory	2201 Interest of corporation controlled by you
Tecway Technology Limited	2101 Beneficial owner
Ifg Swans Holding Ltd.	2101 Beneficial owner
Wu Di	2201 Interest of corporation controlled by you
Theia Vision Capital Limited	2101 Beneficial owner
Theia Vision Capital Limited	2101 Beneficial owner

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